CMA - 3411 N Albion St Unit 5-2

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 $689,950 with the market action index hovering around 91. This is less than last month's market action index of 92. Inventory has increased to 202.

Real-Time Market Profile Median List Price

$689,950

Market Action Index

Median Price of New Listings

$593,750

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

Per Square Foot

$372

Average Days on Market

48

Median Days on Market

7

Price Decreased

20%

Price Increased

6%

Relisted

5%

Inventory

202

Median Rent

$2,455

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 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

$1,700,000

4,499

4,500 - 6,500 sqft

5

4

66

19

18

52

$815,000

2,162

4,500 - 6,500 sqft

4

2

77

18

20

17

$588,000

1,721

4,500 - 6,500 sqft

3

2

73

27

24

0

$445,000

1,374

4,500 - 6,500 sqft

3

2

68

32

30

0

Tue Jan 25 2022

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