Fri Apr 23 2021
This week the median list price for Woody Creek, CO 81656 is $13,000,000 with the market action index hovering around 24. This is less than last month's market action index of 25. Inventory has held steady at or around 5.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$13,000,000|
|Per Square Foot||$1,734|
|Days on Market||119|
|Slight Buyer's Advantage|
Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$13,000,000||7,496||10 - 20 acres||6||7||26||0||0||49|
|$2,097,500||2,761||2.5 - 5 acres||3||2||59||0||0||217|