Your Local Market Report

Palisade, CO

Single-Family Homes

How's the Market?



Palisade, CO

Wed Nov 30 2022
This week the median list price for Palisade, CO is $521,127 with the market action index hovering around 30. This is less than last month's market action index of 34. Inventory has increased to 12. Click here to stay informed with the Palisade 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 consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Palisade, CO

Wed Nov 30 2022
This week the median list price for Palisade, CO is $521,127 with the market action index hovering around 30. This is less than last month's market action index of 34. Inventory has increased to 12. Click here to stay informed with the Palisade 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 consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the Palisade market.
Median List Price $521,127
Median Price of New Listings $507,127
Per Square Foot $279
Average Days on Market 76
Median Days on Market 91
Price Decreased 42%
Price Increased 0%
Relisted 8%
Inventory 12
Median Rent
Market Action 30
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$1,275,000 1,859 2.5 - 5 acres 3 1 113 0 0 133
$569,500 2,364 8,000 - 10,000 sqft 4 3 41 1 0 21
$498,000 2,081 8,000 - 10,000 sqft 3 3 122 1 0 42
$419,000 1,464 6,500 - 8,000 sqft 3 2 43 1 0 63