Single-Family Homes
Mon Dec 02 2024
This week the median list price for Wheat Ridge, CO is $689,000 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has decreased to 37.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Median List Price | $689,000 | |
Median Price of New Listings | $652,500 | |
Per Square Foot | $413 | |
Average Days on Market | 96 | |
Median Days on Market | 84 | |
Price Decreased | 49% | |
Price Increased | 0% | |
Relisted | 11% | |
Inventory | 37 | |
Median Rent | ||
Market Action | 40 | |
Slight Seller's Advantage |
The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$950,000 | 2,095 | 0.25 - 0.5 acre | 4 | 2.8 | 69 | 1 | 3 | 77 |
$750,000 | 1,943 | 8,000 - 10,000 sqft | 4 | 2.5 | 66 | 0 | 0 | 105 |
$665,000 | 1,678 | 8,000 - 10,000 sqft | 3 | 2 | 67 | 2 | 3 | 98 |
$525,000 | 1,238 | 8,000 - 10,000 sqft | 3 | 1.5 | 68 | 1 | 2 | 59 |