First Integrity Title Market Report

Westminster, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Westminster, CO

Mon Apr 22 2019
This week the median list price for Westminster, CO is $537,848 with the market action index hovering around 64. This is less than last month's market action index of 68. Inventory has held steady at or around 66. Click here to stay informed with the Westminster 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 has started cooling and prices have recently plateaued. Since 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.

Westminster, CO

Mon Apr 22 2019
This week the median list price for Westminster, CO is $537,848 with the market action index hovering around 64. This is less than last month's market action index of 68. Inventory has held steady at or around 66. Click here to stay informed with the Westminster 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 has started cooling and prices have recently plateaued. Since 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 Westminster market.
Median List Price $537,848
Per Square Foot $167
Days on Market 42
Price Decreased 30%
Price Increased 5%
Relisted 3%
Inventory 66
Median House Rent $1,700
Most Expensive $1,620,000
Least Expensive $288,500
Market Action Index
Strong Seller's Market
64

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
$734,950 4,687 8,000 - 10,000 sqft 5 3 18 6 0 70
$584,975 3,658 8,000 - 10,000 sqft 4 3 18 1 3 49
$475,000 2,785 6,500 - 8,000 sqft 4 2 25 4 1 26
$350,000 2,240 6,500 - 8,000 sqft 4 2 51 10 5 25