Great NoCo Homes Market Update

Wellington, CO

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Wellington, CO

Mon Oct 03 2022
This week the median list price for Wellington, CO is $557,250 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has held steady at or around 46. Click here to stay informed with the Wellington market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Wellington, CO

Mon Oct 03 2022
This week the median list price for Wellington, CO is $557,250 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has held steady at or around 46. Click here to stay informed with the Wellington market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Wellington market.
Median List Price $557,250
Median Price of New Listings $563,907
Per Square Foot $201
Average Days on Market 53
Median Days on Market 35
Price Decreased 57%
Price Increased 0%
Relisted 24%
Inventory 46
Median Rent
Market Action 41
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate 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
$1,075,000 3,714 N/A 3 3 17 2 1 42
$568,000 3,138 8,000 - 10,000 sqft 4 3 1 1 2 35
$532,000 2,844 6,500 - 8,000 sqft 3 3 0 1 2 38
$499,475 2,417 6,500 - 8,000 sqft 3 2.5 18 2 3 28