First American Market Report

Westminster, CO

Single-Family Homes

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Westminster, CO

Sat Jul 11 2020
This week the median list price for Westminster, CO is $594,995 with the market action index hovering around 72. This is an increase over last month's market action index of 68. Inventory has held steady at or around 68. Click here to stay informed with the Westminster market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Westminster, CO

Sat Jul 11 2020
This week the median list price for Westminster, CO is $594,995 with the market action index hovering around 72. This is an increase over last month's market action index of 68. Inventory has held steady at or around 68. Click here to stay informed with the Westminster market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Westminster market.
Median List Price $594,995
Per Square Foot $200
Days on Market 54
Price Decreased 37%
Price Increased 1%
Relisted 21%
Inventory 68
Median Rent $2,250
Most Expensive $2,775,000
Least Expensive $304,999
Market Action 72
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$910,000 4,923 0.25 - 0.5 acre 5 4 20 3 4 88
$648,900 3,315 6,500 - 8,000 sqft 4 3 4 4 4 63
$529,500 2,802 6,500 - 8,000 sqft 4 3 36 7 8 12
$434,950 2,004 6,500 - 8,000 sqft 3 2 42 9 12 50