First Integrity Title Market Report

Wheat Ridge, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Wheat Ridge, CO

Tue Feb 19 2019
This week the median list price for Wheat Ridge, CO is $498,500 with the market action index hovering around 55. This is an increase over last month's market action index of 51. Inventory has held steady at or around 21. Click here to stay informed with the Wheat Ridge 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Wheat Ridge, CO

Tue Feb 19 2019
This week the median list price for Wheat Ridge, CO is $498,500 with the market action index hovering around 55. This is an increase over last month's market action index of 51. Inventory has held steady at or around 21. Click here to stay informed with the Wheat Ridge 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Wheat Ridge market.
Median List Price $498,500
Per Square Foot $241
Days on Market 55
Price Decreased 43%
Price Increased 0%
Relisted 14%
Inventory 21
Median House Rent $2,680
Most Expensive $879,500
Least Expensive $369,900
Market Action Index
Strong Seller's Market
55

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
$675,000 2,932 0.25 - 0.5 acre 4 2 57 2 1 51
$550,000 2,342 8,000 - 10,000 sqft 3 3 64 0 0 28
$475,000 2,424 0.25 - 0.5 acre 3 2 63 2 1 47
$415,000 1,456 0.25 - 0.5 acre 2 1 65 0 1 87