Laura Roberts' Market Report

Pine, CO

Single-Family Homes

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



Pine, CO

Mon May 17 2021
This week the median list price for Pine, CO is $875,000 with the market action index hovering around 68. This is an increase over last month's market action index of 63. Inventory has increased to 9. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Pine, CO

Mon May 17 2021
This week the median list price for Pine, CO is $875,000 with the market action index hovering around 68. This is an increase over last month's market action index of 63. Inventory has increased to 9. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Pine market.
Median List Price $875,000
Median Price of New Listings $700,000
Per Square Foot $321
Average Days on Market 70
Median Days on Market 7
Price Decreased 22%
Price Increased 0%
Relisted 11%
Inventory 9
Median Rent
Market Action 68
Strong Seller's Market

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
$2,000,000 2,678 N/A 3 3 22 0 0 213
$971,850 2,434 10 - 20 acres 3 3 24 1 0 45
$835,000 3,988 1 - 2.5 acres 4 3 19 0 0 7
$515,000 2,182 1 - 2.5 acres 3 2 44 2 1 0