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.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$574,950|
|Per Square Foot||$244|
|Days on Market||85|
|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.
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|