First Integrity Title Market Report

Superior, CO

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Superior, CO

Tue Feb 19 2019
This week the median list price for Superior, CO is $490,000 with the market action index hovering around 34. This is less than last month's market action index of 38. Inventory has held steady at or around 13. Click here to stay informed with the Superior market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Superior, CO

Tue Feb 19 2019
This week the median list price for Superior, CO is $490,000 with the market action index hovering around 34. This is less than last month's market action index of 38. Inventory has held steady at or around 13. Click here to stay informed with the Superior market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Superior market.
Median List Price $490,000
Per Square Foot $257
Days on Market 80
Price Decreased 15%
Price Increased 0%
Relisted 23%
Inventory 13
Median Apartment Rent $2,040
Most Expensive $1,048,500
Least Expensive $279,900
Market Action Index
Slight Seller's Advantage
34

Again this week we see a downward notch for prices. Prices continue to pull back from the market’s highs. 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
$898,500 3,760 0 - 4,500 sqft 3 2 5 0 0 158
$799,000 4,039 - 4 3 4 0 0 161
$425,000 1,580 0 - 4,500 sqft 3 2 20 1 0 9
$365,000 1,224 - 2 2 23 0 0 14