First American Market Report

Monument, CO 80132

Single-Family Homes

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Monument, CO 80132

Sun Jul 12 2020
This week the median list price for Monument, CO 80132 is $674,950 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has held steady at or around 88. Click here to stay informed with the Monument market!

Market Action Index

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

Strong Seller's Market

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.

Monument, CO 80132

Sun Jul 12 2020
This week the median list price for Monument, CO 80132 is $674,950 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has held steady at or around 88. Click here to stay informed with the Monument market!

Market Action Index

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

Strong Seller's Market

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 Monument market.
Median List Price $674,950
Per Square Foot $159
Days on Market 74
Price Decreased 44%
Price Increased 8%
Relisted 10%
Inventory 88
Median Rent $1,900
Most Expensive $1,750,000
Least Expensive $423,900
Market Action 45
Strong Seller's Market

We continue to see prices in this zip code bounce around this plateau. Look for a persistent down-shift 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
$965,000 5,732 2.5 - 5 acres 5 4 17 1 1 113
$732,500 4,223 0.5 - 1 acre 5 3 7 4 6 61
$604,500 3,857 0.25 - 0.5 acre 4 3 16 4 7 59
$484,900 3,237 6,500 - 8,000 sqft 4 3 8 4 6 62