Market Report
Carbondale, CO 81623
Single-Family Homes
www.titlecorockies.com
Carbondale, CO 81623
Tue Nov 13 2018
This week the median list price for Carbondale, CO 81623 is $1,312,000 with the market action index hovering around 25. This is about the same as last month's market action index of 25. Inventory has held steady at or around 128.
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 has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
Real-Time Market Profile
| Median List Price | $1,312,000 | |
| Per Square Foot | $342 | |
| Days on Market | 215 | |
| Price Decreased | 40% | |
| Price Increased | 1% | |
| Relisted | 5% | |
| Inventory | 128 | |
| Median House Rent | $4,550 | |
| Most Expensive | $5,950,000 | |
| Least Expensive | $399,000 | |
|
Market Action Index
Slight Buyer's Advantage |
25 |
While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.
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 |
|---|---|---|---|---|---|---|---|---|
| $2,625,000 | 5,482 | 5 - 10 acres | 5 | 4 | 16 | 2 | 0 | 306 |
| $1,610,000 | 4,610 | 0.5 - 1 acre | 4 | 4 | 17 | 1 | 2 | 215 |
| $1,119,500 | 3,799 | 1 - 2.5 acres | 4 | 3 | 14 | 0 | 3 | 235 |
| $649,500 | 2,359 | 0.25 - 0.5 acre | 4 | 2 | 27 | 2 | 2 | 102 |