Great NoCo Homes Market Update

Red Feather Lakes, CO

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Red Feather Lakes, CO

Sat Feb 04 2023
This week the median list price for Red Feather Lakes, CO is $319,500 with the market action index hovering around 38. This is an increase over last month's market action index of 34. Inventory has decreased to 9. 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.

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Red Feather Lakes, CO

Sat Feb 04 2023
This week the median list price for Red Feather Lakes, CO is $319,500 with the market action index hovering around 38. This is an increase over last month's market action index of 34. Inventory has decreased to 9. 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.

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Red Feather Lakes market.
Median List Price $319,500
Median Price of New Listings $0
Per Square Foot $323
Average Days on Market 100
Median Days on Market 105
Price Decreased 0%
Price Increased 0%
Relisted 22%
Inventory 9
Median Rent
Market Action 38
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$512,000 858 2.5 - 5 acres 3 0.8 4 0 0 59
$430,000 2,142 2.5 - 5 acres 2 1.5 36 0 1 77
$294,250 896 10 - 20 acres 1 1 42 0 1 115
$215,000 752 1 - 2.5 acres 1 0.8 48 0 0 112