Great NoCo Homes Market Update

Timnath, CO

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Timnath, CO

Thu Jan 20 2022
This week the median list price for Timnath, CO is $667,375 with the market action index hovering around 54. This is about the same as last month's market action index of 54. Inventory has increased to 15. Click here to stay informed with the Timnath market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Timnath, CO

Thu Jan 20 2022
This week the median list price for Timnath, CO is $667,375 with the market action index hovering around 54. This is about the same as last month's market action index of 54. Inventory has increased to 15. Click here to stay informed with the Timnath market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Timnath market.
Median List Price $667,375
Median Price of New Listings $0
Per Square Foot $211
Average Days on Market 45
Median Days on Market 42
Price Decreased 27%
Price Increased 40%
Relisted 0%
Inventory 15
Median Rent $2,550
Market Action 54
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
$1,023,850 4,843 0.25 - 0.5 acre 5 4.5 2 0 2 35
$717,577 3,293 4,500 - 6,500 sqft 3 3 1 0 1 42
$636,857 3,026 4,500 - 6,500 sqft 3 2.8 1 0 0 45
$586,060 2,809 4,500 - 6,500 sqft 3 2 1 0 3 49