First American Market Report

Estes Park, CO

Condos/Townhomes

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Estes Park, CO

Fri Feb 21 2020
This week the median list price for Estes Park, CO is $339,450 with the market action index hovering around 25. This is less than last month's market action index of 27. Inventory has held steady at or around 48. 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

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Estes Park, CO

Fri Feb 21 2020
This week the median list price for Estes Park, CO is $339,450 with the market action index hovering around 25. This is less than last month's market action index of 27. Inventory has held steady at or around 48. 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

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Estes Park market.
Median List Price $339,450
Per Square Foot $299
Days on Market 118
Price Decreased 6%
Price Increased 0%
Relisted 8%
Inventory 48
Median Rent $975
Most Expensive $950,000
Least Expensive $5,700
Market Action 25
Slight Buyer'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
$587,000 1,866 0 - 4,500 sqft 3 2 21 1 0 75
$389,500 1,370 0 - 4,500 sqft 2 2 23 1 0 121
$262,500 751 0 - 4,500 sqft 2 1 34 2 1 102
$10,745 1,000 0.25 - 0.5 acre 2 2 30 0 0 172