First American Market Report

Franktown, CO

Single-Family Homes

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Franktown, CO

Sun Jul 12 2020
This week the median list price for Franktown, CO is $1,195,000 with the market action index hovering around 34. This is an increase over last month's market action index of 29. Inventory has held steady at or around 25. Click here to stay informed with the Franktown market!

Market Action Index

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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Franktown, CO

Sun Jul 12 2020
This week the median list price for Franktown, CO is $1,195,000 with the market action index hovering around 34. This is an increase over last month's market action index of 29. Inventory has held steady at or around 25. Click here to stay informed with the Franktown market!

Market Action Index

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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Franktown market.
Median List Price $1,195,000
Per Square Foot $283
Days on Market 144
Price Decreased 36%
Price Increased 16%
Relisted 16%
Inventory 25
Median Rent $2,100
Most Expensive $2,300,000
Least Expensive $500,000
Market Action 34
Slight Seller's Advantage

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.

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
$1,999,999 6,132 N/A 5 5 19 0 0 205
$1,437,500 4,787 2.5 - 5 acres 4 4 1 0 1 143
$1,036,674 4,212 5 - 10 acres 5 3 20 1 0 199
$810,000 3,930 5 - 10 acres 4 3 25 1 1 44