First Integrity Title Market Report

Morrison, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Morrison, CO

Tue Jun 25 2019
This week the median list price for Morrison, CO is $949,000 with the market action index hovering around 46. This is an increase over last month's market action index of 44. Inventory has held steady at or around 47. Click here to stay informed with the Morrison 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

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 have been falling a bit recently. 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.

Morrison, CO

Tue Jun 25 2019
This week the median list price for Morrison, CO is $949,000 with the market action index hovering around 46. This is an increase over last month's market action index of 44. Inventory has held steady at or around 47. Click here to stay informed with the Morrison 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

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 have been falling a bit recently. 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 Morrison market.
Median List Price $949,000
Per Square Foot $223
Days on Market 82
Price Decreased 45%
Price Increased 4%
Relisted 13%
Inventory 47
Median House Rent
Most Expensive $3,800,000
Least Expensive $345,000
Market Action Index
Strong Seller's Market
46

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$1,865,000 6,089 1 - 2.5 acres 5 4 2 1 1 130
$1,175,000 5,347 1 - 2.5 acres 4 3 20 1 2 96
$834,815 3,915 1 - 2.5 acres 3 3 17 1 3 73
$485,000 2,138 8,000 - 10,000 sqft 3 2 41 2 4 33