Laura Roberts' Market Report

Pine, CO

Single-Family Homes

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



Pine, CO

Sun Apr 05 2020
This week the median list price for Pine, CO is $574,950 with the market action index hovering around 44. This is less than last month's market action index of 48. Inventory has held steady at or around 16. 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 started cooling and prices have recently plateaued. Since 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 Apr 05 2020
This week the median list price for Pine, CO is $574,950 with the market action index hovering around 44. This is less than last month's market action index of 48. Inventory has held steady at or around 16. 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 started cooling and prices have recently plateaued. Since 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 $574,950
Per Square Foot $244
Days on Market 85
Price Decreased 25%
Price Increased 0%
Relisted 13%
Inventory 16
Median Rent $2,675
Most Expensive $2,499,000
Least Expensive $155,000
Market Action 44
Slight Seller's Advantage

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,485,000 5,519 10 - 20 acres 5 4 16 0 0 182
$700,000 2,912 2.5 - 5 acres 3 2 47 0 1 99
$491,950 2,125 1 - 2.5 acres 3 2 92 1 0 36
$287,475 1,129 0.5 - 1 acre 1 1 60 0 0 21