Market Report

Rifle, CO 81650

Single-Family Homes

www.titlecorockies.com



Rifle, CO 81650

Sat Aug 17 2019
This week the median list price for Rifle, CO 81650 is $357,500 with the market action index hovering around 39. This is less than last month's market action index of 41. Inventory has held steady at or around 54. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Rifle, CO 81650

Sat Aug 17 2019
This week the median list price for Rifle, CO 81650 is $357,500 with the market action index hovering around 39. This is less than last month's market action index of 41. Inventory has held steady at or around 54. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Rifle market.
Median List Price $357,500
Per Square Foot $199
Days on Market 69
Price Decreased 37%
Price Increased 0%
Relisted 2%
Inventory 54
Median House Rent
Most Expensive $1,795,000
Least Expensive $184,000
Market Action Index
Slight Seller's Advantage
39

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices 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
$585,000 2,884 5 - 10 acres 3 3 14 1 0 149
$410,000 2,059 0.25 - 0.5 acre 3 2 18 1 1 40
$315,250 1,795 6,500 - 8,000 sqft 3 2 23 2 1 45
$285,000 1,380 8,000 - 10,000 sqft 3 2 46 3 1 44