First Integrity Title Market Report

Wheat Ridge, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Wheat Ridge, CO

Wed Jun 16 2021
This week the median list price for Wheat Ridge, CO is $599,999 with the market action index hovering around 92. This is an increase over last month's market action index of 89. Inventory has increased to 13. Click here to stay informed with the Wheat Ridge market!

Market Action Index

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

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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.

Wheat Ridge, CO

Wed Jun 16 2021
This week the median list price for Wheat Ridge, CO is $599,999 with the market action index hovering around 92. This is an increase over last month's market action index of 89. Inventory has increased to 13. Click here to stay informed with the Wheat Ridge market!

Market Action Index

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

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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 Wheat Ridge market.
Median List Price $599,999
Median Price of New Listings $599,999
Per Square Foot $287
Average Days on Market 31
Median Days on Market 21
Price Decreased 23%
Price Increased 15%
Relisted 15%
Inventory 13
Median Rent $1,350
Market Action 92
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,050,000 4,255 0.25 - 0.5 acre 6 5 12 1 1 21
$645,000 2,588 0.25 - 0.5 acre 4 2 65 2 2 0
$599,999 2,270 8,000 - 10,000 sqft 3 2 71 1 1 21
$409,749 1,054 8,000 - 10,000 sqft 3 1 67 3 2 10