First American Market Report

Wheat Ridge, CO

Single-Family Homes

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Wheat Ridge, CO

Fri Feb 28 2020
This week the median list price for Wheat Ridge, CO is $729,900 with the market action index hovering around 73. This is an increase over last month's market action index of 62. Inventory has held steady at or around 6. Click here to stay informed with the Wheat Ridge market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Wheat Ridge, CO

Fri Feb 28 2020
This week the median list price for Wheat Ridge, CO is $729,900 with the market action index hovering around 73. This is an increase over last month's market action index of 62. Inventory has held steady at or around 6. Click here to stay informed with the Wheat Ridge market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Wheat Ridge market.
Median List Price $729,900
Per Square Foot $223
Days on Market 68
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent $1,498
Most Expensive $1,179,000
Least Expensive $525,000
Market Action 73
Strong Seller's Market

The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,179,000 3,778 8,000 - 10,000 sqft 5 4 4 0 0 91
$969,000 5,186 0.25 - 0.5 acre 4 3 20 0 0 14
$729,900 3,314 8,000 - 10,000 sqft 4 3 13 0 3 98
$550,000 2,172 0.25 - 0.5 acre 3 2 60 1 3 52