Fri Feb 21 2020
This week the median list price for Monument, CO 80132 is $647,500 with the market action index hovering around 41. This is an increase over last month's market action index of 38. Inventory has held steady at or around 58.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$647,500|
|Per Square Foot||$159|
|Days on Market||114|
|Slight Seller's Advantage|
Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$961,900||5,880||2.5 - 5 acres||5||3||5||0||0||196|
|$745,000||4,429||0.5 - 1 acre||5||3||3||1||0||109|
|$599,000||3,738||0.25 - 0.5 acre||4||3||4||3||4||70|
|$479,000||3,367||6,500 - 8,000 sqft||4||2||3||1||2||83|