Great NoCo Homes Market Update

Wellington, CO

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Wellington, CO

Sat Nov 27 2021
This week the median list price for Wellington, CO is $499,900 with the market action index hovering around 64. This is an increase over last month's market action index of 58. Inventory has decreased to 19. 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.

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.

Wellington, CO

Sat Nov 27 2021
This week the median list price for Wellington, CO is $499,900 with the market action index hovering around 64. This is an increase over last month's market action index of 58. Inventory has decreased to 19. 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.

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 Wellington market.
Median List Price $499,900
Median Price of New Listings $458,195
Per Square Foot $237
Average Days on Market 73
Median Days on Market 70
Price Decreased 37%
Price Increased 32%
Relisted 16%
Inventory 19
Median Rent $8,500
Market Action 64
Strong Seller's Market

The market appears to be 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
$1,010,000 4,100 5 - 10 acres 4 3 20 0 1 80
$605,366 3,317 8,000 - 10,000 sqft 3 3 0 0 1 91
$481,600 1,853 6,500 - 8,000 sqft 3 2.5 0 2 4 14
$415,000 2,016 8,000 - 10,000 sqft 4 2 18 1 1 98