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Carbondale Market Report - Feb. 15, 2023

Page 1

Carbondale, CO 81623

Single-Family Homes

www titlecorockies com

Wed Feb 15 2023

This week the median list price for Carbondale, CO 81623 is $2,812,500 with the market action index hovering around 28.This is about the same as last month's market action index of 28. Inventory has decreased to 48.

Market Action Index

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

Slight Buyer'sAdvantage

Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer's market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.

Real-Time Market Profile

Market Report
Buyer's Market Seller's Market 0 10 20 30 40 50 60 70 80 90 100 Tod a y LastMonth 28
Median List Price $2,812,500 Median Price of New Listings $1,995,000 Per Square Foot $731 Average Days on Market 177 Median Days on Market 144 Price Decreased 19% Price Increased 2% Relisted 4% Inventory 48 Median Rent $7,400

Median List Price

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the MarketAction Index to predict how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

MarketAction 28
Slight Buyer'sAdvantage
7-DayAverage 90-DayAverage Feb 2020 Jul 2020 Nov 2020 Mar 2021 Jul 2021 Nov 2021 $1.0M $1.5M $2.0M $2.5M $3.0M $3.5M
Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM $7,347,500 5,886 10 - 20 acres 4 6 21 0 0 45 $2,999,500 4,075 0.5 - 1 acre 4 4.5 6 1 2 175 $2,099,750 2,913 2.5 - 5 acres 4 4 15 1 2 220 $1,211,500 2,259 1 - 2.5 acres 3 3 30 1 2 122 Copyright © 2023Altos Research, Inc (https://wwwaltos re)

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