First Integrity Title Market Report

Denver, CO

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Denver, CO

Mon Apr 22 2019
This week the median list price for Denver, CO is $485,250 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has held steady at or around 1038. Click here to stay informed with the Denver 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

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.

Denver, CO

Mon Apr 22 2019
This week the median list price for Denver, CO is $485,250 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has held steady at or around 1038. Click here to stay informed with the Denver 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

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 Denver market.
Median List Price $485,250
Per Square Foot $363
Days on Market 78
Price Decreased 32%
Price Increased 5%
Relisted 7%
Inventory 1038
Median Apartment Rent $1,616
Most Expensive $6,245,000
Least Expensive $3,200
Market Action Index
Slight Seller's Advantage
42

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate 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
$883,000 2,268 0 - 4,500 sqft 3 3 6 26 31 118
$564,800 1,514 0 - 4,500 sqft 2 2 2 43 28 78
$392,450 1,080 0 - 4,500 sqft 2 2 33 65 46 51
$220,000 902 4,500 - 6,500 sqft 2 1 50 53 58 64