Market Report

Rifle, CO 81650

Single-Family Homes

www.titlecorockies.com



Rifle, CO 81650

Tue May 18 2021
This week the median list price for Rifle, CO 81650 is $529,000 with the market action index hovering around 58. This is less than last month's market action index of 61. Inventory has increased to 21. Click here to stay informed with the Rifle market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Rifle, CO 81650

Tue May 18 2021
This week the median list price for Rifle, CO 81650 is $529,000 with the market action index hovering around 58. This is less than last month's market action index of 61. Inventory has increased to 21. Click here to stay informed with the Rifle market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Rifle market.
Median List Price $529,000
Median Price of New Listings $380,000
Per Square Foot $225
Average Days on Market 69
Median Days on Market 21
Price Decreased 24%
Price Increased 5%
Relisted 0%
Inventory 21
Median Rent $1,600
Market Action 58
Strong Seller's Market

Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly 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
$5,000,000 3,973 10 - 20 acres 4 3 79 0 0 21
$639,500 2,518 10 - 20 acres 4 2 20 0 1 84
$469,000 2,328 8,000 - 10,000 sqft 4 3 24 2 0 14
$364,500 1,539 8,000 - 10,000 sqft 3 1 31 4 2 0