Laura Roberts' Market Report

Bailey, CO 80421

Single-Family Homes

Chicago Title of Colorado | laura.roberts@ctt.com | 720-648-3039



Bailey, CO 80421

Wed Mar 20 2019
This week the median list price for Bailey, CO 80421 is $425,000 with the market action index hovering around 49. This is an increase over last month's market action index of 48. Inventory has held steady at or around 27. Click here to stay informed with the Bailey 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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Bailey, CO 80421

Wed Mar 20 2019
This week the median list price for Bailey, CO 80421 is $425,000 with the market action index hovering around 49. This is an increase over last month's market action index of 48. Inventory has held steady at or around 27. Click here to stay informed with the Bailey 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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Bailey market.
Median List Price $425,000
Per Square Foot $200
Days on Market 77
Price Decreased 44%
Price Increased 0%
Relisted 7%
Inventory 27
Median House Rent $1,150
Most Expensive $775,000
Least Expensive $119,900
Market Action Index
Strong Seller's Market
49

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, 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
$675,000 3,308 1 - 2.5 acres 4 2 20 1 1 93
$490,000 2,394 1 - 2.5 acres 3 3 20 1 1 120
$400,000 1,944 0.5 - 1 acre 3 3 20 2 1 48
$314,999 1,492 0.5 - 1 acre 3 1 56 3 3 49