Laura Roberts' Market Report

Pine, CO

Single-Family Homes

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



Pine, CO

Tue Sep 27 2022
This week the median list price for Pine, CO is $811,500 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has decreased to 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 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

Tue Sep 27 2022
This week the median list price for Pine, CO is $811,500 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has decreased to 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 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 $811,500
Median Price of New Listings $0
Per Square Foot $342
Average Days on Market 66
Median Days on Market 67
Price Decreased 63%
Price Increased 0%
Relisted 6%
Inventory 16
Median Rent
Market Action 39
Slight Seller's Advantage

The market seems to have paused around this plateau. 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
$1,675,000 3,356 N/A 4 4 27 0 0 70
$960,000 2,944 5 - 10 acres 3 3 35 0 1 91
$619,500 2,073 0.5 - 1 acre 3 2.5 42 0 1 80
$325,000 913 0.5 - 1 acre 2 1 67 0 1 42