Market Report

Basalt, CO 81621

Single-Family Homes

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Basalt, CO 81621

Sat Nov 27 2021
This week the median list price for Basalt, CO 81621 is $2,499,000 with the market action index hovering around 36. This is an increase over last month's market action index of 33. Inventory has decreased to 11. Click here to stay informed with the Basalt market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Basalt, CO 81621

Sat Nov 27 2021
This week the median list price for Basalt, CO 81621 is $2,499,000 with the market action index hovering around 36. This is an increase over last month's market action index of 33. Inventory has decreased to 11. Click here to stay informed with the Basalt market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Basalt market.
Median List Price $2,499,000
Median Price of New Listings $0
Per Square Foot $795
Average Days on Market 131
Median Days on Market 105
Price Decreased 36%
Price Increased 9%
Relisted 0%
Inventory 11
Median Rent $6,000
Market Action 36
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$6,747,500 4,770 N/A 4 3.5 75 0 0 115
$4,600,000 4,444 0.5 - 1 acre 4 4 15 0 0 77
$2,495,500 3,050 6,500 - 8,000 sqft 4 4.5 0 0 1 105
$1,250,000 2,923 0.25 - 0.5 acre 3 3.5 23 0 1 126