First Integrity Title Market Report

Byers, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Byers, CO

Wed Dec 07 2022
This week the median list price for Byers, CO is $614,500 with the market action index hovering around 39. This is less than last month's market action index of 45. Inventory has increased to 16. Click here to stay informed with the Byers 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 cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Byers, CO

Wed Dec 07 2022
This week the median list price for Byers, CO is $614,500 with the market action index hovering around 39. This is less than last month's market action index of 45. Inventory has increased to 16. Click here to stay informed with the Byers 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 cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Byers market.
Median List Price $614,500
Median Price of New Listings $425,000
Per Square Foot $274
Average Days on Market 77
Median Days on Market 46
Price Decreased 50%
Price Increased 0%
Relisted 13%
Inventory 16
Median Rent
Market Action 39
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
$1,019,500 3,749 N/A 3 3 22 0 0 182
$656,850 2,238 N/A 3 2.5 29 0 1 35
$597,000 2,772 2.5 - 5 acres 4 2.5 30 0 0 42
$436,750 1,942 0.5 - 1 acre 3 2 52 1 0 14