First American Market Report

Wheat Ridge, CO

Condos/Townhomes

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Wheat Ridge, CO

Sun Jul 12 2020
This week the median list price for Wheat Ridge, CO is $291,250 with the market action index hovering around 62. This is an increase over last month's market action index of 43. Inventory has held steady at or around 4. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Wheat Ridge, CO

Sun Jul 12 2020
This week the median list price for Wheat Ridge, CO is $291,250 with the market action index hovering around 62. This is an increase over last month's market action index of 43. Inventory has held steady at or around 4. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Wheat Ridge market.
Median List Price $291,250
Per Square Foot $266
Days on Market 30
Price Decreased 25%
Price Increased 25%
Relisted 0%
Inventory 4
Median Rent $1,250
Most Expensive $447,452
Least Expensive $159,000
Market Action 62
Strong Seller's Market

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$447,452 1,772 0 - 4,500 sqft 2 2 0 0 0 21
$350,000 1,487 0 - 4,500 sqft 2 2 16 1 1 0
$232,500 826 4,500 - 6,500 sqft 2 1 59 0 0 84
$159,000 545 6,500 - 8,000 sqft 1 1 45 0 1 14