First Integrity Title Market Report

Morrison, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Morrison, CO

Tue Sep 28 2021
This week the median list price for Morrison, CO is $785,000 with the market action index hovering around 67. This is less than last month's market action index of 72. Inventory has increased to 29. 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

Tue Sep 28 2021
This week the median list price for Morrison, CO is $785,000 with the market action index hovering around 67. This is less than last month's market action index of 72. Inventory has increased to 29. 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 $785,000
Median Price of New Listings $602,000
Per Square Foot $285
Average Days on Market 40
Median Days on Market 14
Price Decreased 21%
Price Increased 0%
Relisted 7%
Inventory 29
Median Rent
Market Action 67
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
$1,900,000 5,549 1 - 2.5 acres 5 5 17 0 0 91
$895,000 3,478 1 - 2.5 acres 4 3 40 2 0 14
$698,900 2,639 1 - 2.5 acres 4 3 43 1 3 7
$500,000 2,053 6,500 - 8,000 sqft 3 2 44 3 1 7