Jordie Karlinski's Market Report

Basalt, CO 81621

Single-Family Homes

jordie.karlinski@compass.com | 970-274-1255



Basalt, CO 81621

Mon Feb 06 2023
This week the median list price for Basalt, CO 81621 is $3,140,000 with the market action index hovering around 38. This is an increase over last month's market action index of 34. Inventory has decreased to 10. Click here to stay informed with the Basalt market!

Market Action Index

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

Slight Seller's Advantage

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.

Basalt, CO 81621

Mon Feb 06 2023
This week the median list price for Basalt, CO 81621 is $3,140,000 with the market action index hovering around 38. This is an increase over last month's market action index of 34. Inventory has decreased to 10. Click here to stay informed with the Basalt market!

Market Action Index

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

Slight Seller's Advantage

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 Basalt market.
Median List Price $3,140,000
Median Price of New Listings $3,691,500
Per Square Foot $1,027
Average Days on Market 196
Median Days on Market 214
Price Decreased 40%
Price Increased 0%
Relisted 20%
Inventory 10
Median Rent
Market Action 38
Slight Seller's Advantage

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$4,600,000 4,328 10 - 20 acres 5 4.5 7 1 0 255
$4,186,500 2,852 0.25 - 0.5 acre 3 3.5 1 1 0 255
$3,095,000 3,540 6,500 - 8,000 sqft 4 4.5 1 1 0 210
$2,495,000 2,391 8,000 - 10,000 sqft 3 3.5 23 1 3 210