Laura Roberts' Market Report

Bailey, CO 80421

Single-Family Homes

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



Bailey, CO 80421

Mon May 20 2019
This week the median list price for Bailey, CO 80421 is $399,500 with the market action index hovering around 51. This is less than last month's market action index of 53. Inventory has held steady at or around 29. 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

Mon May 20 2019
This week the median list price for Bailey, CO 80421 is $399,500 with the market action index hovering around 51. This is less than last month's market action index of 53. Inventory has held steady at or around 29. 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 $399,500
Per Square Foot $203
Days on Market 62
Price Decreased 41%
Price Increased 0%
Relisted 14%
Inventory 29
Median House Rent $1,100
Most Expensive $1,200,000
Least Expensive $89,999
Market Action Index
Strong Seller's Market
51

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 3,913 2.5 - 5 acres 4 3 20 0 0 91
$474,900 2,382 1 - 2.5 acres 3 2 35 3 1 56
$370,000 1,792 0.5 - 1 acre 3 2 25 4 1 51
$235,000 986 0.5 - 1 acre 2 0 55 2 0 51