Laura Roberts' Market Report

Pine, CO

Single-Family Homes

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



Pine, CO

Sun Jul 21 2019
This week the median list price for Pine, CO is $762,000 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has held steady at or around 18. Click here to stay informed with the Pine 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

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

Sun Jul 21 2019
This week the median list price for Pine, CO is $762,000 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has held steady at or around 18. Click here to stay informed with the Pine 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

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 $762,000
Per Square Foot $232
Days on Market 46
Price Decreased 39%
Price Increased 0%
Relisted 0%
Inventory 18
Median House Rent
Most Expensive $2,499,000
Least Expensive $399,000
Market Action Index
Strong Seller's Market
45

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
$1,897,500 6,690 10 - 20 acres 4 4 13 0 1 85
$950,000 4,535 5 - 10 acres 4 2 17 0 0 40
$665,000 2,960 2.5 - 5 acres 4 3 34 1 2 21
$442,500 1,776 1 - 2.5 acres 3 2 41 1 0 44