Market Report

Breckenridge, CO 80424

Condos/Townhomes

www.titlecorockies.com



Breckenridge, CO 80424

Mon Apr 22 2019
This week the median list price for Breckenridge, CO 80424 is $749,000 with the market action index hovering around 42. This is an increase over last month's market action index of 38. Inventory has held steady at or around 53. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Breckenridge, CO 80424

Mon Apr 22 2019
This week the median list price for Breckenridge, CO 80424 is $749,000 with the market action index hovering around 42. This is an increase over last month's market action index of 38. Inventory has held steady at or around 53. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Breckenridge market.
Median List Price $749,000
Per Square Foot $651
Days on Market 114
Price Decreased 38%
Price Increased 30%
Relisted 0%
Inventory 53
Median Apartment Rent $700
Most Expensive $2,795,000
Least Expensive $29,000
Market Action Index
Slight Seller's Advantage
42

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks 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
$1,445,000 1,177 0 - 4,500 sqft 3 2 12 1 2 162
$945,000 1,371 0 - 4,500 sqft 3 2 34 1 2 122
$669,000 1,127 0 - 4,500 sqft 2 2 39 4 3 128
$379,500 691 0 - 4,500 sqft 2 1 37 3 1 48