Market Report

Silt, CO 81652

Single-Family Homes

www.titlecorockies.com



Silt, CO 81652

Sat Feb 27 2021
This week the median list price for Silt, CO 81652 is $579,000 with the market action index hovering around 42. This is less than last month's market action index of 44. Inventory has held steady at or around 13. Click here to stay informed with the Silt market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Silt, CO 81652

Sat Feb 27 2021
This week the median list price for Silt, CO 81652 is $579,000 with the market action index hovering around 42. This is less than last month's market action index of 44. Inventory has held steady at or around 13. Click here to stay informed with the Silt market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Silt market.
Median List Price $579,000
Per Square Foot $253
Days on Market 70
Price Decreased 15%
Price Increased 0%
Relisted 0%
Inventory 13
Median Rent
Most Expensive $1,750,000
Least Expensive $375,000
Market Action 42
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,500,000 2,208 N/A 4 3 14 0 0 98
$685,000 3,654 N/A 4 3 26 0 2 70
$540,000 1,404 10 - 20 acres 3 2 22 0 2 154
$439,500 1,892 1 - 2.5 acres 3 2 32 1 1 10