First Integrity Title Market Report

Westminster, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Westminster, CO

Wed Jun 26 2019
This week the median list price for Westminster, CO is $497,276 with the market action index hovering around 61. This is an increase over last month's market action index of 60. Inventory has held steady at or around 138. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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

Wed Jun 26 2019
This week the median list price for Westminster, CO is $497,276 with the market action index hovering around 61. This is an increase over last month's market action index of 60. Inventory has held steady at or around 138. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $497,276
Per Square Foot $180
Days on Market 38
Price Decreased 51%
Price Increased 4%
Relisted 8%
Inventory 138
Median House Rent $1,225
Most Expensive $1,799,000
Least Expensive $318,500
Market Action Index
Strong Seller's Market
61

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$862,500 4,685 0.25 - 0.5 acre 4 4 19 2 2 54
$573,250 3,435 6,500 - 8,000 sqft 4 3 22 7 9 48
$465,000 2,689 6,500 - 8,000 sqft 4 3 34 11 4 22
$375,000 1,858 6,500 - 8,000 sqft 4 2 48 14 15 30