First Integrity Title Market Report

Westminster, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Westminster, CO

Wed Aug 04 2021
This week the median list price for Westminster, CO is $527,000 with the market action index hovering around 96. This is less than last month's market action index of 97. Inventory has decreased to 68. Click here to stay informed with the Westminster market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Westminster, CO

Wed Aug 04 2021
This week the median list price for Westminster, CO is $527,000 with the market action index hovering around 96. This is less than last month's market action index of 97. Inventory has decreased to 68. Click here to stay informed with the Westminster market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Westminster market.
Median List Price $527,000
Median Price of New Listings $505,000
Per Square Foot $238
Average Days on Market 20
Median Days on Market 7
Price Decreased 28%
Price Increased 6%
Relisted 9%
Inventory 68
Median Rent $2,500
Market Action 96
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
$895,000 4,801 0.25 - 0.5 acre 4 4 17 6 7 21
$590,000 2,533 4,500 - 6,500 sqft 4 3 26 5 5 7
$500,000 1,976 6,500 - 8,000 sqft 4 2 45 8 10 7
$430,000 1,720 6,500 - 8,000 sqft 3 2 58 11 11 0