First Integrity Title Market Report

Pine, CO

Single-Family Homes

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Pine, CO

Fri Mar 29 2024
This week the median list price for Pine, CO is $929,000 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has decreased to 13. Click here to stay informed with the Pine 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.

Pine, CO

Fri Mar 29 2024
This week the median list price for Pine, CO is $929,000 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has decreased to 13. Click here to stay informed with the Pine 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 Pine market.
Median List Price $929,000
Median Price of New Listings $989,000
Per Square Foot $328
Average Days on Market 119
Median Days on Market 126
Price Decreased 54%
Price Increased 0%
Relisted 0%
Inventory 13
Median Rent
Market Action 42
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
$1,350,000 5,807 10 - 20 acres 4 3 22 0 0 140
$1,075,000 3,274 2.5 - 5 acres 4 3.5 24 1 1 28
$890,000 2,200 1 - 2.5 acres 3 2.5 23 0 1 42
$490,000 2,011 0.5 - 1 acre 3 1.5 85 0 1 143