First Integrity Title Market Report

Wheat Ridge, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Wheat Ridge, CO

Mon Apr 22 2019
This week the median list price for Wheat Ridge, CO is $546,750 with the market action index hovering around 59. This is about the same as last month's market action index of 59. Inventory has held steady at or around 20. 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Wheat Ridge, CO

Mon Apr 22 2019
This week the median list price for Wheat Ridge, CO is $546,750 with the market action index hovering around 59. This is about the same as last month's market action index of 59. Inventory has held steady at or around 20. 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Wheat Ridge market.
Median List Price $546,750
Per Square Foot $255
Days on Market 42
Price Decreased 45%
Price Increased 10%
Relisted 5%
Inventory 20
Median House Rent $1,295
Most Expensive $915,000
Least Expensive $375,000
Market Action Index
Strong Seller's Market
59

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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 3,394 0.25 - 0.5 acre 4 3 59 1 1 65
$570,000 2,268 8,000 - 10,000 sqft 3 2 60 2 0 16
$519,900 1,500 0.25 - 0.5 acre 3 2 67 1 1 37
$400,000 1,356 0.25 - 0.5 acre 2 2 62 0 2 47