Wheat Ridge, CO
Mon Dec 05 2022
This week the median list price for Wheat Ridge, CO is $700,000 with the market action index hovering around 42. This is less than last month’s market action index of 45. Inventory has decreased to 35. Click here to stay informed with the Wheat Ridge market!
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Buyer’sMarketSeller’sMarket0102030405060708090100TodayTodayLast MonthLast Month4242
Slight Seller’s Advantage
The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Real-Time Market Profile
Never miss important changes in the Wheat Ridge market.
Median List Price
$700,000
Median Price of New Listings
$640,000
Per Square Foot
$316
Average Days on Market
75
Median Days on Market
56
Price Decreased
77%
Price Increased
3%
Relisted
11%
Inventory
35
Median Rent
$2,900
Market Action
42