Great NoCo Homes Market Update

Red Feather Lakes, CO

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Red Feather Lakes, CO

Wed Feb 28 2024
This week the median list price for Red Feather Lakes, CO is $362,000 with the market action index hovering around 28. This is less than last month's market action index of 33. Inventory has decreased to 10. 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Red Feather Lakes, CO

Wed Feb 28 2024
This week the median list price for Red Feather Lakes, CO is $362,000 with the market action index hovering around 28. This is less than last month's market action index of 33. Inventory has decreased to 10. 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Red Feather Lakes market.
Median List Price $362,000
Median Price of New Listings $0
Per Square Foot $367
Average Days on Market 188
Median Days on Market 158
Price Decreased 20%
Price Increased 0%
Relisted 0%
Inventory 10
Median Rent
Market Action 28
Slight Buyer's Advantage

The market seems to have paused around this plateau. 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
$1,230,000 4,659 2.5 - 5 acres 3 3.5 19 0 1 360
$437,450 1,046 1 - 2.5 acres 3 1 32 0 0 105
$325,000 851 1 - 2.5 acres 2 1 45 0 0 147
$199,900 500 4,500 - 6,500 sqft 1 1 50 0 0 210