Laura Roberts' Market Report

Pine, CO

Single-Family Homes

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



Pine, CO

Fri Sep 20 2019
This week the median list price for Pine, CO is $569,000 with the market action index hovering around 35. This is less than last month's market action index of 39. Inventory has held steady at or around 27. 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.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Pine, CO

Fri Sep 20 2019
This week the median list price for Pine, CO is $569,000 with the market action index hovering around 35. This is less than last month's market action index of 39. Inventory has held steady at or around 27. 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.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Pine market.
Median List Price $569,000
Per Square Foot $215
Days on Market 57
Price Decreased 48%
Price Increased 4%
Relisted 4%
Inventory 27
Median House Rent $2,350
Most Expensive $2,499,000
Least Expensive $155,000
Market Action Index
Slight Seller's Advantage
35

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,444,500 6,225 10 - 20 acres 4 4 16 1 0 114
$675,000 2,960 1 - 2.5 acres 4 3 28 0 1 44
$464,900 2,212 1 - 2.5 acres 3 2 34 0 1 49
$320,000 1,829 0.25 - 0.5 acre 2 1 79 0 1 31