Great NoCo Homes Market Update

Red Feather Lakes, CO

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Red Feather Lakes, CO

Mon Oct 03 2022
This week the median list price for Red Feather Lakes, CO is $499,000 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has decreased to 19. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Red Feather Lakes, CO

Mon Oct 03 2022
This week the median list price for Red Feather Lakes, CO is $499,000 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has decreased to 19. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Red Feather Lakes market.
Median List Price $499,000
Median Price of New Listings $439,000
Per Square Foot $334
Average Days on Market 62
Median Days on Market 49
Price Decreased 42%
Price Increased 5%
Relisted 11%
Inventory 19
Median Rent
Market Action 45
Strong Seller's Market

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
$1,124,500 3,081 2.5 - 5 acres 3 3.5 14 0 0 119
$524,500 1,536 2.5 - 5 acres 2 2 39 0 1 70
$439,000 1,260 2.5 - 5 acres 2 1 47 1 0 49
$300,000 816 1 - 2.5 acres 2 1 63 0 3 21