First Integrity Title Market Report

Lakewood, CO

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Lakewood, CO

Mon Apr 22 2019
This week the median list price for Lakewood, CO is $320,000 with the market action index hovering around 69. This is an increase over last month's market action index of 68. Inventory has held steady at or around 75. Click here to stay informed with the Lakewood market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Lakewood, CO

Mon Apr 22 2019
This week the median list price for Lakewood, CO is $320,000 with the market action index hovering around 69. This is an increase over last month's market action index of 68. Inventory has held steady at or around 75. Click here to stay informed with the Lakewood market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Lakewood market.
Median List Price $320,000
Per Square Foot $244
Days on Market 60
Price Decreased 31%
Price Increased 4%
Relisted 7%
Inventory 75
Median Apartment Rent
Most Expensive $599,900
Least Expensive $154,500
Market Action Index
Strong Seller's Market
69

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
$525,695 2,036 0 - 4,500 sqft 3 3 1 6 1 76
$389,900 2,048 0 - 4,500 sqft 3 2 22 2 5 90
$290,000 1,157 0 - 4,500 sqft 2 1 36 7 7 33
$217,000 880 0 - 4,500 sqft 2 1 45 8 7 42