First American Market Report

Monument, CO 80132

Condos/Townhomes

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Monument, CO 80132

Tue Feb 18 2020
This week the median list price for Monument, CO 80132 is $334,872 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has held steady at or around 10. 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.

Slight Seller's Advantage

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.

Monument, CO 80132

Tue Feb 18 2020
This week the median list price for Monument, CO 80132 is $334,872 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has held steady at or around 10. 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.

Slight Seller's Advantage

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 Monument market.
Median List Price $334,872
Per Square Foot $182
Days on Market 78
Price Decreased 0%
Price Increased 40%
Relisted 0%
Inventory 10
Median Rent $1,973
Most Expensive $389,481
Least Expensive $265,000
Market Action 36
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
$379,456 1,772 0 - 4,500 sqft 3 2 0 0 0 112
$349,055 1,846 0 - 4,500 sqft 2 2 0 1 0 3
$329,495 2,196 0 - 4,500 sqft 2 2 1 1 0 121
$307,658 1,404 0 - 4,500 sqft 3 2 0 0 0 60