First Integrity Title Market Report

Westminster, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Westminster, CO

Tue Feb 19 2019
This week the median list price for Westminster, CO is $463,915 with the market action index hovering around 63. This is an increase over last month's market action index of 56. Inventory has held steady at or around 50. 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

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.

Westminster, CO

Tue Feb 19 2019
This week the median list price for Westminster, CO is $463,915 with the market action index hovering around 63. This is an increase over last month's market action index of 56. Inventory has held steady at or around 50. 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

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 Westminster market.
Median List Price $463,915
Per Square Foot $168
Days on Market 58
Price Decreased 46%
Price Increased 0%
Relisted 8%
Inventory 50
Median House Rent $2,063
Most Expensive $1,440,000
Least Expensive $275,000
Market Action Index
Strong Seller's Market
63

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
$839,250 4,635 8,000 - 10,000 sqft 4 3 15 2 4 86
$531,848 3,117 8,000 - 10,000 sqft 3 2 31 2 2 46
$425,000 2,520 6,500 - 8,000 sqft 3 3 33 4 4 44
$340,000 1,824 6,500 - 8,000 sqft 3 2 63 4 4 56