Doug's Buy/Sell Market Indicators

Oak Creek, CO

Single-Family Homes

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Oak Creek, CO

Sat Dec 21 2024
This week the median list price for Oak Creek, CO is $1,320,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has held steady at or around 9. Click here to stay informed with the Oak Creek market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Oak Creek, CO

Sat Dec 21 2024
This week the median list price for Oak Creek, CO is $1,320,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has held steady at or around 9. Click here to stay informed with the Oak Creek market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Oak Creek market.
Median List Price $1,320,000
Median Price of New Listings $0
Per Square Foot $522
Average Days on Market 110
Median Days on Market 77
Price Decreased 22%
Price Increased 0%
Relisted 0%
Inventory 9
Median Rent
Market Action 38
Slight Seller's Advantage

This week saw relatively little price change from last week. However the market appears to be trying to establish an uptrend. 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
$4,000,000 4,538 10 - 20 acres 3 3.8 9 0 0 171
$1,724,500 3,475 2.5 - 5 acres 4 3.5 6 0 0 143
$1,285,000 2,690 10 - 20 acres 3 3.5 30 0 1 84
$724,900 1,755 0.25 - 0.5 acre 3 1.5 45 0 0 63