First American Market Report

Estes Park, CO

Condos/Townhomes

First American Title | 303.305.1350 | www.firstam.com/title/co



Estes Park, CO

Sun Jul 12 2020
This week the median list price for Estes Park, CO is $410,000 with the market action index hovering around 27. This is less than last month's market action index of 29. Inventory has held steady at or around 49. Click here to stay informed with the Estes Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Estes Park, CO

Sun Jul 12 2020
This week the median list price for Estes Park, CO is $410,000 with the market action index hovering around 27. This is less than last month's market action index of 29. Inventory has held steady at or around 49. Click here to stay informed with the Estes Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Estes Park market.
Median List Price $410,000
Per Square Foot $299
Days on Market 116
Price Decreased 22%
Price Increased 4%
Relisted 12%
Inventory 49
Median Rent $913
Most Expensive $925,000
Least Expensive $5,990
Market Action 27
Slight Buyer's Advantage

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$602,500 1,974 0 - 4,500 sqft 3 2 17 0 0 93
$464,450 1,632 0 - 4,500 sqft 3 2 23 1 0 96
$373,500 1,124 0 - 4,500 sqft 2 1 21 0 2 128
$230,000 744 0.25 - 0.5 acre 2 1 37 0 4 144