First Integrity Title Market Report

Westminster, CO

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Westminster, CO

Mon Apr 22 2019
This week the median list price for Westminster, CO is $319,000 with the market action index hovering around 70. This is an increase over last month's market action index of 66. Inventory has held steady at or around 32. 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

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

Mon Apr 22 2019
This week the median list price for Westminster, CO is $319,000 with the market action index hovering around 70. This is an increase over last month's market action index of 66. Inventory has held steady at or around 32. 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

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 $319,000
Per Square Foot $184
Days on Market 26
Price Decreased 25%
Price Increased 0%
Relisted 6%
Inventory 32
Median Apartment Rent $1,576
Most Expensive $489,900
Least Expensive $155,000
Market Action Index
Strong Seller's Market
70

The market appears to be hovering around these current levels, though prices movved up a bit this week. 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
$453,000 2,752 0 - 4,500 sqft 3 2 18 2 1 29
$347,450 1,384 0 - 4,500 sqft 2 2 15 2 2 18
$212,500 1,070 8,000 - 10,000 sqft 2 2 40 4 4 16
$172,000 888 - 1 1 47 1 2 39