Market Report
Carbondale, CO 81623
Single-Family Homes
www.titlecorockies.com
Carbondale, CO 81623
Thu Feb 21 2019
This week the median list price for Carbondale, CO 81623 is $1,385,000 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 118.
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
While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.
Real-Time Market Profile
| Median List Price | $1,385,000 | |
| Per Square Foot | $359 | |
| Days on Market | 277 | |
| Price Decreased | 19% | |
| Price Increased | 1% | |
| Relisted | 3% | |
| Inventory | 118 | |
| Median House Rent | $4,500 | |
| Most Expensive | $5,900,000 | |
| Least Expensive | $173,900 | |
| Market Action Index Slight Buyer's Advantage | 25 |
We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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 |
|---|---|---|---|---|---|---|---|---|
| $3,200,000 | 5,836 | 5 - 10 acres | 5 | 4 | 16 | 0 | 0 | 402 |
| $1,650,000 | 4,715 | 1 - 2.5 acres | 4 | 4 | 18 | 1 | 0 | 260 |
| $1,192,500 | 4,020 | 0.5 - 1 acre | 4 | 4 | 15 | 1 | 0 | 320 |
| $630,500 | 2,139 | 0.25 - 0.5 acre | 3 | 2 | 33 | 2 | 2 | 129 |