Market Report
Breckenridge, CO 80424
Single-Family Homes
www.titlecorockies.com
Breckenridge, CO 80424
Mon Oct 21 2024
This week the median list price for Breckenridge, CO 80424 is $2,275,000 with the market action index hovering around 27. This is an increase over last month's market action index of 26. Inventory has decreased to 147.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
Home sales have been exceeding new inventory for several weeks. However because of excess inventory, prices have not yet stopped falling. Should the sales trend continue, expect prices to level off soon and potentially to resume their climb from there. Watch prices as the market transitions from a Buyer's market to a Seller's market.
Real-Time Market Profile
| Median List Price | $2,275,000 | |
| Median Price of New Listings | $2,572,500 | |
| Per Square Foot | $798 | |
| Average Days on Market | 140 | |
| Median Days on Market | 105 | |
| Price Decreased | 50% | |
| Price Increased | 2% | |
| Relisted | 29% | |
| Inventory | 147 | |
| Median Rent | ||
| Market Action | 27 | |
| Slight Buyer's Advantage | ||
Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.
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 |
|---|---|---|---|---|---|---|---|---|
| $6,747,500 | 5,643 | 0.5 - 1 acre | 5 | 3.8 | 6 | 1 | 2 | 119 |
| $3,000,000 | 3,517 | 0.5 - 1 acre | 4 | 2.5 | 12 | 2 | 4 | 105 |
| $1,900,000 | 2,800 | 0.5 - 1 acre | 4 | 2.5 | 28 | 2 | 1 | 105 |
| $1,149,000 | 1,634 | 0.5 - 1 acre | 3 | 2 | 33 | 1 | 1 | 70 |