Your Local Market Report

Palisade, CO

Single-Family Homes

How's the Market?


Palisade, CO

Tue Feb 18 2020
This week the median list price for Palisade, CO is $580,000 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 17. 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

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.

Palisade, CO

Tue Feb 18 2020
This week the median list price for Palisade, CO is $580,000 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 17. 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

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 Palisade market.
Median List Price $580,000
Per Square Foot $310
Days on Market 182
Price Decreased 29%
Price Increased 0%
Relisted 24%
Inventory 17
Median Rent $1,900
Most Expensive $2,150,000
Least Expensive $54,000
Market Action 30
Slight Seller's Advantage

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
$1,972,500 3,881 N/A 3 3 34 0 0 404
$1,162,500 3,098 5 - 10 acres 3 4 93 0 0 119
$536,500 1,813 1 - 2.5 acres 3 2 47 0 0 145
$240,000 966 8,000 - 10,000 sqft 3 2 79 0 1 84