Grant's CMA for 684 S Lincoln 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 $745,000 with the market action index hovering around 92. This is an increase over last month's market action index of 91. Inventory has increased to 200.

Real-Time Market Profile Median List Price

$745,000

Market Action Index

Median Price of New Listings

$659,950

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

Per Square Foot

$367

Average Days on Market

42

Median Days on Market

7

Price Decreased

17%

Price Increased

7%

Relisted

5%

Inventory

200

Median Rent

$2,595

Market Action

92

inventory. 50

40

Buyer's Market

60

Seller's Market

70

100

10 0

on

92

90

M

ay Tod th

Las t

80

20

30

Strong Seller's Market In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

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

4,617

4,500 - 6,500 sqft

5

5

46

20

19

21

$847,000

2,300

4,500 - 6,500 sqft

4

2

81

21

16

7

$612,500

1,706

4,500 - 6,500 sqft

3

2

73

24

28

7

$475,000

1,496

4,500 - 6,500 sqft

3

2

64

33

36

0

Mon Jan 31 2022

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