First Integrity Title Market Report

Mead, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 888-636-0372



Mead, CO

Wed Feb 21 2024
This week the median list price for Mead, CO is $587,010 with the market action index hovering around 45. This is less than last month's market action index of 47. Inventory has increased to 13. Click here to stay informed with the Mead 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.

Mead, CO

Wed Feb 21 2024
This week the median list price for Mead, CO is $587,010 with the market action index hovering around 45. This is less than last month's market action index of 47. Inventory has increased to 13. Click here to stay informed with the Mead 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 Mead market.
Median List Price $587,010
Median Price of New Listings $0
Per Square Foot $202
Average Days on Market 47
Median Days on Market 42
Price Decreased 31%
Price Increased 23%
Relisted 8%
Inventory 13
Median Rent
Market Action 45
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$651,950 3,530 6,500 - 8,000 sqft 5 3 4 0 1 105
$613,375 3,126 6,500 - 8,000 sqft 3 3 4 0 0 42
$580,000 2,994 0.25 - 0.5 acre 3 2.5 1 0 2 91
$489,850 1,594 6,500 - 8,000 sqft 3 2 3 0 0 21