Market Report

Carbondale, CO 81623

Single-Family Homes

www.titlecorockies.com



Carbondale, CO 81623

Tue May 18 2021
This week the median list price for Carbondale, CO 81623 is $1,995,000 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has increased to 47. Click here to stay informed with the Carbondale market!

Market Action Index

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

Slight Seller's Advantage

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Carbondale, CO 81623

Tue May 18 2021
This week the median list price for Carbondale, CO 81623 is $1,995,000 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has increased to 47. Click here to stay informed with the Carbondale market!

Market Action Index

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

Slight Seller's Advantage

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Carbondale market.
Median List Price $1,995,000
Median Price of New Listings $899,500
Per Square Foot $540
Average Days on Market 122
Median Days on Market 49
Price Decreased 4%
Price Increased 2%
Relisted 2%
Inventory 47
Median Rent
Market Action 38
Slight Seller's Advantage

While this week the median price in this zip code didn’t fluctuate much, 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
$6,995,000 5,995 N/A 5 6 24 0 0 70
$2,425,000 3,559 0.5 - 1 acre 4 5 6 1 1 80
$1,775,000 3,958 0.5 - 1 acre 3 4 21 2 1 35
$759,000 1,989 0.5 - 1 acre 3 3 30 5 2 17