Market Report

Breckenridge, CO 80424

Condos/Townhomes

www.titlecorockies.com


Breckenridge, CO 80424

Fri Apr 19 2024
This week the median list price for Breckenridge, CO 80424 is $829,500 with the market action index hovering around 33. This is less than last month's market action index of 36. Inventory has held steady at or around 76. 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 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

Fri Apr 19 2024
This week the median list price for Breckenridge, CO 80424 is $829,500 with the market action index hovering around 33. This is less than last month's market action index of 36. Inventory has held steady at or around 76. 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 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 $829,500
Median Price of New Listings $847,000
Per Square Foot $922
Average Days on Market 90
Median Days on Market 42
Price Decreased 14%
Price Increased 0%
Relisted 5%
Inventory 76
Median Rent
Market Action 33
Slight Seller's Advantage

Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly move 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
$2,050,000 1,658 0 - 4,500 sqft 3 3 19 0 2 112
$999,995 1,028 4,500 - 6,500 sqft 2 2 44 2 1 28
$709,961 1,057 - 2 2 25 2 2 42
$525,000 1,109 0 - 4,500 sqft 2 1.5 0 0 2 42