Market Report

Breckenridge, CO 80424

Single-Family Homes

www.titlecorockies.com


Breckenridge, CO 80424

Tue Jul 14 2020
This week the median list price for Breckenridge, CO 80424 is $2,214,500 with the market action index hovering around 25. This is an increase over last month's market action index of 23. Inventory has held steady at or around 126. Click here to stay informed with the Breckenridge market!

Market Action Index

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

Slight Buyer's Advantage

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Breckenridge, CO 80424

Tue Jul 14 2020
This week the median list price for Breckenridge, CO 80424 is $2,214,500 with the market action index hovering around 25. This is an increase over last month's market action index of 23. Inventory has held steady at or around 126. Click here to stay informed with the Breckenridge market!

Market Action Index

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

Slight Buyer's Advantage

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Real-Time Market Profile

Never miss important changes in the Breckenridge market.
Median List Price $2,214,500
Per Square Foot $547
Days on Market 189
Price Decreased 25%
Price Increased 2%
Relisted 21%
Inventory 126
Median Rent $2,200
Most Expensive $18,900,000
Least Expensive $449,000
Market Action 25
Slight Buyer's Advantage

Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.

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
$4,500,000 5,682 0.5 - 1 acre 5 4 12 1 0 345
$2,750,000 4,856 0.5 - 1 acre 5 3 17 1 4 208
$1,612,500 3,449 0.5 - 1 acre 4 3 20 3 4 161
$967,000 2,458 0.5 - 1 acre 3 3 28 3 6 44