Great NoCo Homes Market Update

Red Feather Lakes, CO

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Red Feather Lakes, CO

Sat Nov 27 2021
This week the median list price for Red Feather Lakes, CO is $352,500 with the market action index hovering around 57. This is an increase over last month's market action index of 53. Inventory has decreased to 5. Click here to stay informed with the Red Feather Lakes market!

Market Action Index

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

Strong Seller's Market

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.

Red Feather Lakes, CO

Sat Nov 27 2021
This week the median list price for Red Feather Lakes, CO is $352,500 with the market action index hovering around 57. This is an increase over last month's market action index of 53. Inventory has decreased to 5. Click here to stay informed with the Red Feather Lakes market!

Market Action Index

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

Strong Seller's Market

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 Red Feather Lakes market.
Median List Price $352,500
Median Price of New Listings $0
Per Square Foot $401
Average Days on Market 85
Median Days on Market 70
Price Decreased 40%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Market Action 57
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$650,000 1,620 1 - 2.5 acres 3 2 17 0 0 91
$415,000 1,980 2.5 - 5 acres 2 1.5 44 0 0 49
$352,500 488 1 - 2.5 acres 1 1 3 0 0 168
$262,450 731 0.5 - 1 acre 2 1 48 0 2 59