Jennifer Stuckey, Realtor, PhD, GRI, CNE, CLHMS, SRS

Westminster, CO

Single-Family Homes

303.335.7413/jennifer@jenstuckeyhome.com/jenstuckeyhome.com



Westminster, CO

Sat Mar 02 2024
This week the median list price for Westminster, CO is $550,000 with the market action index hovering around 54. This is about the same as last month's market action index of 54. Inventory has increased to 59. Click here to stay informed with the Westminster market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Westminster, CO

Sat Mar 02 2024
This week the median list price for Westminster, CO is $550,000 with the market action index hovering around 54. This is about the same as last month's market action index of 54. Inventory has increased to 59. Click here to stay informed with the Westminster market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Westminster market.
Median List Price $550,000
Median Price of New Listings $653,000
Per Square Foot $249
Average Days on Market 75
Median Days on Market 35
Price Decreased 34%
Price Increased 5%
Relisted 7%
Inventory 59
Median Rent
Market Action 54
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,054,800 4,354 0.25 - 0.5 acre 4 3.8 20 3 2 28
$649,000 2,755 8,000 - 10,000 sqft 5 3 46 4 3 21
$535,000 2,122 6,500 - 8,000 sqft 3 2 51 4 2 35
$470,000 1,916 6,500 - 8,000 sqft 3 2 68 1 0 70