Market Report

Basalt, CO 81621

Single-Family Homes

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Basalt, CO 81621

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

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Basalt, CO 81621

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

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Basalt market.
Median List Price $1,215,000
Per Square Foot $403
Days on Market 284
Price Decreased 29%
Price Increased 2%
Relisted 0%
Inventory 41
Median House Rent
Most Expensive $5,900,000
Least Expensive $548,700
Market Action Index
Slight Buyer's Advantage
23

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$2,115,000 4,398 10 - 20 acres 4 5 21 0 0 366
$1,445,000 3,128 1 - 2.5 acres 4 3 23 1 0 345
$1,048,500 2,874 6,500 - 8,000 sqft 4 4 19 0 0 222
$799,000 2,590 8,000 - 10,000 sqft 3 3 31 0 0 210