First American Market Report

Wellington, CO

Single-Family Homes

First American Title | 303.305.1350 | www.firstam.com/title/co



Wellington, CO

Sun Jul 12 2020
This week the median list price for Wellington, CO is $389,500 with the market action index hovering around 25. This is about the same as last month's market action index of 25. Inventory has held steady at or around 115. Click here to stay informed with the Wellington market!

Market Action Index

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

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Wellington, CO

Sun Jul 12 2020
This week the median list price for Wellington, CO is $389,500 with the market action index hovering around 25. This is about the same as last month's market action index of 25. Inventory has held steady at or around 115. Click here to stay informed with the Wellington market!

Market Action Index

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

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Wellington market.
Median List Price $389,500
Per Square Foot $143
Days on Market 86
Price Decreased 22%
Price Increased 18%
Relisted 40%
Inventory 115
Median Rent $550
Most Expensive $1,300,000
Least Expensive $260,000
Market Action 25
Slight Buyer's Advantage

The market appears to be 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
$477,377 3,455 8,000 - 10,000 sqft 4 2 0 0 1 78
$409,900 2,956 6,500 - 8,000 sqft 3 2 0 0 1 91
$380,000 2,469 6,500 - 8,000 sqft 3 2 3 4 4 78
$349,000 2,456 6,500 - 8,000 sqft 3 2 8 4 3 95