Market Report
Breckenridge, CO 80424
Single-Family Homes
www.titlecorockies.com
Breckenridge, CO 80424
Fri Mar 24 2023
This week the median list price for Breckenridge, CO 80424 is $3,975,000 with the market action index hovering around 24. This is less than last month's market action index of 25. Inventory has decreased to 57.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.
Real-Time Market Profile
| Median List Price | $3,975,000 | |
| Median Price of New Listings | $2,200,000 | |
| Per Square Foot | $911 | |
| Average Days on Market | 224 | |
| Median Days on Market | 161 | |
| Price Decreased | 18% | |
| Price Increased | 4% | |
| Relisted | 60% | |
| Inventory | 57 | |
| Median Rent | ||
| Market Action | 24 | |
| Slight Buyer's Advantage | ||
We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices 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 |
|---|---|---|---|---|---|---|---|---|
| $10,997,500 | 6,196 | 0.5 - 1 acre | 6 | 5.3 | 7 | 1 | 0 | 241 |
| $4,974,999 | 4,769 | 0.5 - 1 acre | 5 | 3.5 | 6 | 0 | 0 | 178 |
| $3,225,000 | 4,709 | 0.5 - 1 acre | 4 | 3.5 | 23 | 0 | 0 | 248 |
| $1,795,000 | 2,840 | 0.5 - 1 acre | 3 | 3 | 21 | 2 | 1 | 35 |