First Integrity Title Market Report

Conifer, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Conifer, CO

Tue Feb 19 2019
This week the median list price for Conifer, CO is $687,450 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has held steady at or around 20. Click here to stay informed with the Conifer 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

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Conifer, CO

Tue Feb 19 2019
This week the median list price for Conifer, CO is $687,450 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has held steady at or around 20. Click here to stay informed with the Conifer 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

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Conifer market.
Median List Price $687,450
Per Square Foot $230
Days on Market 168
Price Decreased 35%
Price Increased 5%
Relisted 10%
Inventory 20
Median House Rent $3,025
Most Expensive $3,900,000
Least Expensive $95,000
Market Action Index
Slight Seller's Advantage
41

The market seems to have paused around this plateau. 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
$1,475,000 6,768 10 - 20 acres 4 4 23 0 0 387
$795,000 3,112 10 - 20 acres 4 3 26 1 0 51
$620,000 3,074 1 - 2.5 acres 4 3 31 0 0 152
$490,000 1,984 1 - 2.5 acres 3 2 47 2 1 79