Market Report

Breckenridge, CO 80424

Condos/Townhomes

www.titlecorockies.com



Breckenridge, CO 80424

Tue Feb 19 2019
This week the median list price for Breckenridge, CO 80424 is $1,069,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 64. Click here to stay informed with the Breckenridge market!

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 Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Breckenridge, CO 80424

Tue Feb 19 2019
This week the median list price for Breckenridge, CO 80424 is $1,069,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 64. Click here to stay informed with the Breckenridge market!

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 Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Breckenridge market.
Median List Price $1,069,000
Per Square Foot $740
Days on Market 125
Price Decreased 28%
Price Increased 0%
Relisted 2%
Inventory 64
Median Apartment Rent
Most Expensive $2,695,000
Least Expensive $357,500
Market Action Index
Slight Seller's Advantage
30

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$1,785,000 2,445 4,500 - 6,500 sqft 3 3 11 0 0 192
$1,312,000 1,738 0 - 4,500 sqft 3 3 11 1 1 119
$687,500 1,108 0 - 4,500 sqft 2 2 38 1 4 126
$412,500 559 - 1 1 37 0 2 63