First Integrity Title Market Report

Westminster, CO

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Westminster, CO

Wed Jun 26 2019
This week the median list price for Westminster, CO is $269,975 with the market action index hovering around 59. This is less than last month's market action index of 62. Inventory has held steady at or around 52. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $269,975 with the market action index hovering around 59. This is less than last month's market action index of 62. Inventory has held steady at or around 52. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $269,975
Per Square Foot $187
Days on Market 38
Price Decreased 63%
Price Increased 2%
Relisted 2%
Inventory 52
Median Apartment Rent $1,398
Most Expensive $475,000
Least Expensive $150,000
Market Action Index
Strong Seller's Market
59

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$430,000 2,500 0 - 4,500 sqft 3 3 18 3 3 45
$340,000 1,492 0 - 4,500 sqft 2 2 22 2 6 28
$210,000 1,000 4,500 - 6,500 sqft 2 1 46 7 6 19
$172,000 900 0 - 4,500 sqft 2 1 37 0 1 61