First Integrity Title Market Report

Arvada, CO

Condos/Townhomes

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Arvada, CO

Fri Mar 29 2024
This week the median list price for Arvada, CO is $449,900 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has increased to 63. Click here to stay informed with the Arvada market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Arvada, CO

Fri Mar 29 2024
This week the median list price for Arvada, CO is $449,900 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has increased to 63. Click here to stay informed with the Arvada market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Arvada market.
Median List Price $449,900
Median Price of New Listings $529,990
Per Square Foot $344
Average Days on Market 51
Median Days on Market 21
Price Decreased 46%
Price Increased 8%
Relisted 3%
Inventory 63
Median Rent
Market Action 42
Slight Seller's Advantage

The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$599,900 1,666 0 - 4,500 sqft 3 2.5 2 4 1 14
$504,995 1,634 0 - 4,500 sqft 3 2.5 3 3 4 28
$409,400 1,130 0 - 4,500 sqft 2 2 40 3 1 14
$310,000 820 0 - 4,500 sqft 2 1 42 1 0 35