First Integrity Title Market Report

Morrison, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Morrison, CO

Sat Aug 13 2022
This week the median list price for Morrison, CO is $787,450 with the market action index hovering around 63. This is less than last month's market action index of 69. Inventory has increased to 42. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Morrison, CO

Sat Aug 13 2022
This week the median list price for Morrison, CO is $787,450 with the market action index hovering around 63. This is less than last month's market action index of 69. Inventory has increased to 42. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Morrison market.
Median List Price $787,450
Median Price of New Listings $839,500
Per Square Foot $310
Average Days on Market 42
Median Days on Market 25
Price Decreased 45%
Price Increased 0%
Relisted 5%
Inventory 42
Median Rent
Market Action 63
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$2,299,950 4,782 2.5 - 5 acres 4 4.5 12 3 2 10
$1,100,000 3,277 1 - 2.5 acres 4 3 29 1 1 28
$750,000 2,681 8,000 - 10,000 sqft 4 3 44 3 2 35
$558,000 1,848 8,000 - 10,000 sqft 3 2 46 1 1 21