First Integrity Title Market Report

Lakewood, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Lakewood, CO

Sun Aug 18 2019
This week the median list price for Lakewood, CO is $540,000 with the market action index hovering around 59. This is an increase over last month's market action index of 58. Inventory has held steady at or around 205. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Lakewood, CO

Sun Aug 18 2019
This week the median list price for Lakewood, CO is $540,000 with the market action index hovering around 59. This is an increase over last month's market action index of 58. Inventory has held steady at or around 205. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Lakewood market.
Median List Price $540,000
Per Square Foot $208
Days on Market 42
Price Decreased 58%
Price Increased 0%
Relisted 5%
Inventory 205
Median House Rent $2,013
Most Expensive $2,599,000
Least Expensive $265,000
Market Action Index
Strong Seller's Market
59

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
$840,000 4,215 0.25 - 0.5 acre 4 3 19 5 6 50
$595,000 2,934 8,000 - 10,000 sqft 4 3 46 6 5 39
$489,000 2,384 8,000 - 10,000 sqft 4 2 56 11 11 39
$389,950 1,721 8,000 - 10,000 sqft 3 2 59 16 24 42