Laura Roberts' Market Report

Pine, CO

Single-Family Homes

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



Pine, CO

Fri Aug 23 2019
This week the median list price for Pine, CO is $649,000 with the market action index hovering around 39. This is an increase over last month's market action index of 38. Inventory has held steady at or around 25. Click here to stay informed with the Pine market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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

Fri Aug 23 2019
This week the median list price for Pine, CO is $649,000 with the market action index hovering around 39. This is an increase over last month's market action index of 38. Inventory has held steady at or around 25. Click here to stay informed with the Pine market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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 $649,000
Per Square Foot $218
Days on Market 57
Price Decreased 64%
Price Increased 4%
Relisted 4%
Inventory 25
Median House Rent
Most Expensive $2,499,000
Least Expensive $279,900
Market Action Index
Slight Seller's Advantage
39

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
$1,189,500 5,693 5 - 10 acres 4 3 14 0 1 87
$757,500 3,266 2.5 - 5 acres 4 3 29 1 0 37
$477,000 2,339 1 - 2.5 acres 3 2 44 0 0 67
$395,000 1,634 0.5 - 1 acre 3 2 24 1 0 42