Market Report

Rifle, CO 81650

Single-Family Homes

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Rifle, CO 81650

Fri Apr 19 2019
This week the median list price for Rifle, CO 81650 is $436,950 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has held steady at or around 24. Click here to stay informed with the Rifle market!

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 Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Rifle, CO 81650

Fri Apr 19 2019
This week the median list price for Rifle, CO 81650 is $436,950 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has held steady at or around 24. Click here to stay informed with the Rifle market!

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 Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Rifle market.
Median List Price $436,950
Per Square Foot $212
Days on Market 110
Price Decreased 29%
Price Increased 4%
Relisted 13%
Inventory 24
Median House Rent $1,700
Most Expensive $1,895,000
Least Expensive $189,000
Market Action Index
Slight Seller's Advantage
43

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. 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
$973,750 3,240 10 - 20 acres 3 4 27 0 0 185
$589,500 2,537 5 - 10 acres 3 3 22 0 1 102
$339,000 2,074 8,000 - 10,000 sqft 4 2 39 2 1 42
$244,500 1,190 8,000 - 10,000 sqft 3 2 53 1 2 113