Comparative Market Analysis for 1852 S Olive St

Page 1

Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Denver, CO

This week the median list price for Denver, CO is $723,000 with the market action index hovering around 91. This is an increase over last month's market action index of 89. Inventory has decreased to 171.

Real-Time Market Profile Median List Price

$723,000

Market Action Index

Median Price of New Listings

$575,000

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

Per Square Foot

$373

Average Days on Market

60

Median Days on Market

42

Price Decreased

36%

Price Increased

9%

Relisted

8%

Inventory

171

Median Rent

$2,473

Market Action

91

inventory. 50

40

Buyer's Market

60

Seller's Market

70

100

10 0

on

91

90

M

ay Tod th

Las t

80

20

30

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.

Strong Seller's Market

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

$1,799,000

4,533

4,500 - 6,500 sqft

4

5

68

6

9

80

$800,000

2,160

6,500 - 8,000 sqft

4

3

70

12

5

49

$609,900

1,718

4,500 - 6,500 sqft

3

2

70

13

10

28

$440,000

1,210

4,500 - 6,500 sqft

3

2

67

23

17

14

Mon Jan 10 2022

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