Laura Roberts' Market Report

Pine, CO

Single-Family Homes

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



Pine, CO

Wed Oct 20 2021
This week the median list price for Pine, CO is $950,000 with the market action index hovering around 59. This is an increase over last month's market action index of 57. Inventory has decreased to 15. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Pine, CO

Wed Oct 20 2021
This week the median list price for Pine, CO is $950,000 with the market action index hovering around 59. This is an increase over last month's market action index of 57. Inventory has decreased to 15. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Pine market.
Median List Price $950,000
Median Price of New Listings $750,000
Per Square Foot $295
Average Days on Market 62
Median Days on Market 42
Price Decreased 20%
Price Increased 0%
Relisted 13%
Inventory 15
Median Rent
Market Action 59
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$1,400,000 4,117 5 - 10 acres 4 4 18 1 0 7
$1,047,500 4,503 2.5 - 5 acres 4 3 35 1 2 80
$800,000 2,553 1 - 2.5 acres 3 2 42 1 1 42
$521,250 1,645 1 - 2.5 acres 2 2 41 2 3 49