Canyon Title Market Report

Severance, CO

Single-Family Homes

303.831.7575 | info@canyontitle.com



Severance, CO

Thu Mar 28 2024
This week the median list price for Severance, CO is $527,950 with the market action index hovering around 52. This is an increase over last month's market action index of 49. Inventory has decreased to 34. Click here to stay informed with the Severance market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Severance, CO

Thu Mar 28 2024
This week the median list price for Severance, CO is $527,950 with the market action index hovering around 52. This is an increase over last month's market action index of 49. Inventory has decreased to 34. Click here to stay informed with the Severance market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Severance market.
Median List Price $527,950
Median Price of New Listings $559,900
Per Square Foot $239
Average Days on Market 182
Median Days on Market 130
Price Decreased 35%
Price Increased 9%
Relisted 9%
Inventory 34
Median Rent
Market Action 52
Strong Seller's Market

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
$970,000 4,313 0.5 - 1 acre 5 3.5 16 2 2 42
$535,900 2,380 4,500 - 6,500 sqft 4 2.5 1 0 1 129
$520,000 1,965 6,500 - 8,000 sqft 4 2 1 1 1 189
$478,900 1,476 4,500 - 6,500 sqft 3 2 1 0 3 371