First Integrity Title Market Report
Pine, CO
Single-Family Homes
www.FirstIntegrityTitle.com | 303.837.9171
Pine, CO
Tue Feb 19 2019
This week the median list price for Pine, CO is $749,000 with the market action index hovering around 45. This is an increase over last month's market action index of 42. Inventory has held steady at or around 9.
Market Action Index
The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.
| Today |
| Last Month |
Strong Seller's Market
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices
Real-Time Market Profile
| Median List Price | $749,000 | |
| Per Square Foot | $280 | |
| Days on Market | 105 | |
| Price Decreased | 22% | |
| Price Increased | 0% | |
| Relisted | 11% | |
| Inventory | 9 | |
| Median House Rent | $2,350 | |
| Most Expensive | $2,499,900 | |
| Least Expensive | $194,999 | |
| Market Action Index Strong Seller's Market | 45 |
Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.
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 |
|---|---|---|---|---|---|---|---|---|
| $2,097,450 | 7,148 | 10 - 20 acres | 4 | 4 | 12 | 0 | 0 | 143 |
| $1,254,500 | 4,401 | 10 - 20 acres | 4 | 3 | 24 | 0 | 1 | 80 |
| $744,500 | 3,704 | 10 - 20 acres | 4 | 3 | 29 | 0 | 2 | 84 |
| $250,000 | 742 | 0.25 - 0.5 acre | 1 | 1 | 79 | 0 | 0 | 112 |