First Integrity Title Market Report

Byers, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171


Byers, CO

Mon Apr 22 2019
This week the median list price for Byers, CO is $520,500 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 9. Click here to stay informed with the Byers market!

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

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Byers, CO

Mon Apr 22 2019
This week the median list price for Byers, CO is $520,500 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 9. Click here to stay informed with the Byers market!

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

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Byers market.
Median List Price $520,500
Per Square Foot $141
Days on Market 86
Price Decreased 78%
Price Increased 0%
Relisted 0%
Inventory 9
Median House Rent
Most Expensive $750,000
Least Expensive $334,900
Market Action Index
Slight Seller's Advantage 		33

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
$750,000 5,320 N/A 5 3 28 0 0 56
$604,500 4,304 N/A 3 2 18 0 0 115
$520,200 3,871 2.5 - 5 acres 4 3 18 0 0 70
$374,900 2,370 0.25 - 0.5 acre 5 2 37 0 0 98