Market Report
Breckenridge, CO 80424
Single-Family Homes
www.titlecorockies.com
Breckenridge, CO 80424
Mon Apr 22 2019
This week the median list price for Breckenridge, CO 80424 is $1,984,500 with the market action index hovering around 27. This is an increase over last month's market action index of 26. Inventory has held steady at or around 76.
Market Action Index
The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.
| Today |
| Last Month |
Slight Buyer's Advantage
In a Buyer’s market, the relative stasis in inventory and sales conditions has allowed prices to drift lower recently. Expect that consistent up trends in demand will be required before price trends change significantly.
Real-Time Market Profile
| Median List Price | $1,984,500 | |
| Per Square Foot | $553 | |
| Days on Market | 226 | |
| Price Decreased | 38% | |
| Price Increased | 49% | |
| Relisted | 4% | |
| Inventory | 76 | |
| Median House Rent | $2,300 | |
| Most Expensive | $12,299,000 | |
| Least Expensive | $384,000 | |
| Market Action Index Slight Buyer's Advantage | 27 |
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.
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 |
|---|---|---|---|---|---|---|---|---|
| $5,249,000 | 6,565 | 0.5 - 1 acre | 5 | 6 | 14 | 1 | 0 | 341 |
| $2,995,000 | 5,068 | 0.5 - 1 acre | 5 | 5 | 20 | 2 | 0 | 238 |
| $1,750,000 | 4,552 | 1 - 2.5 acres | 5 | 4 | 19 | 1 | 0 | 172 |
| $589,000 | 2,899 | 0.5 - 1 acre | 4 | 3 | 19 | 4 | 6 | 154 |