First American Market Report

Westminster, CO

Condos/Townhomes

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Westminster, CO

Fri Feb 28 2020
This week the median list price for Westminster, CO is $267,499 with the market action index hovering around 72. This is an increase over last month's market action index of 63. Inventory has held steady at or around 20. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Westminster, CO

Fri Feb 28 2020
This week the median list price for Westminster, CO is $267,499 with the market action index hovering around 72. This is an increase over last month's market action index of 63. Inventory has held steady at or around 20. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Westminster market.
Median List Price $267,499
Per Square Foot $213
Days on Market 31
Price Decreased 5%
Price Increased 0%
Relisted 5%
Inventory 20
Median Rent $1,429
Most Expensive $421,900
Least Expensive $145,000
Market Action 72
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$379,900 1,678 0 - 4,500 sqft 2 2 6 3 1 9
$295,000 1,252 0 - 4,500 sqft 2 2 36 2 3 29
$240,000 1,167 0 - 4,500 sqft 3 1 37 3 4 11
$159,000 829 0 - 4,500 sqft 1 1 39 2 3 72