Great NoCo Homes Market Update

Wellington, CO

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Wellington, CO

Sat Feb 04 2023
This week the median list price for Wellington, CO is $519,900 with the market action index hovering around 37. This is an increase over last month's market action index of 31. Inventory has decreased to 39. 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 settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Wellington, CO

Sat Feb 04 2023
This week the median list price for Wellington, CO is $519,900 with the market action index hovering around 37. This is an increase over last month's market action index of 31. Inventory has decreased to 39. 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 settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Wellington market.
Median List Price $519,900
Median Price of New Listings $519,900
Per Square Foot $180
Average Days on Market 102
Median Days on Market 98
Price Decreased 59%
Price Increased 8%
Relisted 33%
Inventory 39
Median Rent
Market Action 37
Slight Seller's Advantage

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
$650,000 3,428 10 - 20 acres 3 2.5 3 0 2 98
$530,207 3,226 6,500 - 8,000 sqft 3 2.5 1 3 1 91
$502,500 2,545 6,500 - 8,000 sqft 4 2.5 3 4 1 77
$475,200 2,426 6,500 - 8,000 sqft 3 2.3 3 0 5 147