First Integrity Title Market Report

Morrison, CO

Single-Family Homes

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Morrison, CO

Wed Aug 04 2021
This week the median list price for Morrison, CO is $774,950 with the market action index hovering around 80. This is an increase over last month's market action index of 78. Inventory has increased to 18. Click here to stay informed with the Morrison 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 Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Morrison, CO

Wed Aug 04 2021
This week the median list price for Morrison, CO is $774,950 with the market action index hovering around 80. This is an increase over last month's market action index of 78. Inventory has increased to 18. Click here to stay informed with the Morrison 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 Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Morrison market.
Median List Price $774,950
Median Price of New Listings $589,000
Per Square Foot $299
Average Days on Market 43
Median Days on Market 0
Price Decreased 22%
Price Increased 6%
Relisted 6%
Inventory 18
Median Rent $2,595
Market Action 80
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
$2,599,500 5,679 1 - 2.5 acres 4 5 2 2 0 66
$1,330,000 4,455 1 - 2.5 acres 5 5 27 1 1 35
$659,000 2,867 6,500 - 8,000 sqft 4 2 39 3 3 0
$500,000 1,764 8,000 - 10,000 sqft 4 2 49 3 5 0