Market Report

Breckenridge, CO 80424

Single-Family Homes

www.titlecorockies.com



Breckenridge, CO 80424

Wed Feb 21 2024
This week the median list price for Breckenridge, CO 80424 is $2,400,000 with the market action index hovering around 24. This is less than last month's market action index of 26. Inventory has increased to 101. 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 Buyer's Advantage

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Breckenridge, CO 80424

Wed Feb 21 2024
This week the median list price for Breckenridge, CO 80424 is $2,400,000 with the market action index hovering around 24. This is less than last month's market action index of 26. Inventory has increased to 101. 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 Buyer's Advantage

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the Breckenridge market.
Median List Price $2,400,000
Median Price of New Listings $2,468,000
Per Square Foot $675
Average Days on Market 138
Median Days on Market 63
Price Decreased 10%
Price Increased 1%
Relisted 28%
Inventory 101
Median Rent
Market Action 24
Slight Buyer's Advantage

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
$7,499,000 6,070 0.5 - 1 acre 5 4.5 7 0 1 112
$2,995,000 3,808 0.5 - 1 acre 4 3.5 24 4 0 133
$1,700,000 2,536 0.5 - 1 acre 3 3 25 1 1 63
$13,500 1,109 1 - 2.5 acres 2 2 24 2 0 56