Laura Roberts' Market Report

Pine, CO

Single-Family Homes

Chicago Title of Colorado | laura.roberts@ctt.com | 720-648-3039



Pine, CO

Thu Sep 16 2021
This week the median list price for Pine, CO is $850,000 with the market action index hovering around 59. This is less than last month's market action index of 61. Inventory has increased to 15. Click here to stay informed with the Pine market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Pine, CO

Thu Sep 16 2021
This week the median list price for Pine, CO is $850,000 with the market action index hovering around 59. This is less than last month's market action index of 61. Inventory has increased to 15. Click here to stay informed with the Pine market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Pine market.
Median List Price $850,000
Median Price of New Listings $750,000
Per Square Foot $295
Average Days on Market 52
Median Days on Market 21
Price Decreased 27%
Price Increased 7%
Relisted 7%
Inventory 15
Median Rent
Market Action 59
Strong Seller's Market

The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift 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
$1,400,000 4,005 5 - 10 acres 6 3 41 0 0 105
$975,000 3,393 2.5 - 5 acres 3 3 36 1 1 14
$775,000 2,945 1 - 2.5 acres 3 3 34 2 2 7
$462,450 1,370 1 - 2.5 acres 2 1 70 2 1 28