First Integrity Title Market Report

Lakewood, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Lakewood, CO

Wed Aug 04 2021
This week the median list price for Lakewood, CO is $639,950 with the market action index hovering around 90. This is less than last month's market action index of 94. Inventory has increased to 106. Click here to stay informed with the Lakewood market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Lakewood, CO

Wed Aug 04 2021
This week the median list price for Lakewood, CO is $639,950 with the market action index hovering around 90. This is less than last month's market action index of 94. Inventory has increased to 106. Click here to stay informed with the Lakewood market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Lakewood market.
Median List Price $639,950
Median Price of New Listings $620,000
Per Square Foot $258
Average Days on Market 22
Median Days on Market 7
Price Decreased 40%
Price Increased 4%
Relisted 3%
Inventory 106
Median Rent $1,970
Market Action 90
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
$1,037,499 4,311 0.25 - 0.5 acre 5 4 48 6 6 17
$737,000 2,946 8,000 - 10,000 sqft 4 3 52 7 7 17
$599,000 2,231 8,000 - 10,000 sqft 4 3 51 14 13 7
$500,000 1,846 6,500 - 8,000 sqft 3 2 62 6 11 7