First Integrity Title Market Report

Conifer, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Conifer, CO

Tue Jun 25 2019
This week the median list price for Conifer, CO is $599,900 with the market action index hovering around 47. This is less than last month's market action index of 49. Inventory has held steady at or around 45. 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

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’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Conifer, CO

Tue Jun 25 2019
This week the median list price for Conifer, CO is $599,900 with the market action index hovering around 47. This is less than last month's market action index of 49. Inventory has held steady at or around 45. 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

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’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Conifer market.
Median List Price $599,900
Per Square Foot $245
Days on Market 81
Price Decreased 27%
Price Increased 2%
Relisted 0%
Inventory 45
Median House Rent $2,400
Most Expensive $3,490,000
Least Expensive $399,900
Market Action Index
Strong Seller's Market
47

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
$1,395,000 6,768 N/A 4 4 17 1 1 189
$699,000 3,283 2.5 - 5 acres 4 3 22 2 1 88
$575,000 2,352 1 - 2.5 acres 3 3 40 2 2 47
$467,500 1,813 1 - 2.5 acres 3 2 38 6 3 8