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What does Wheat Ridge market look like at today!

By
Real Estate Broker/Owner with Hamm Homes

Wheat Ridge, CO

Sat Apr 29 2023
This week the median list price for Wheat Ridge, CO is $899,777 with the market action index hovering around 60. This is less than last month's market action index of 63. Inventory has increased to 21. 

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Wheat Ridge market.
Median List Price
$899,777
Median Price of New Listings
$899,000
Per Square Foot
$365
Average Days on Market
79
Median Days on Market
42
Price Decreased
48%
Price Increased
0%
Relisted
5%
Inventory
21
Median Rent
$2,673
Market Action
60
Strong Seller's Market
Show All Comments
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

It looks like it’s going to be OK overall,  especially over time. Love the town name as well! Sounds very cozy. :)

Apr 29, 2023 07:36 AM
Mark Don McInnes, Sandpoint-Idaho
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

Nice job of not only figures but your professional local insights.  Make it a great weekend.  M

Apr 29, 2023 08:30 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Will,

Looks like you have a handle on the the local  Wheat Ridge Market. Good interpretation of the numbers and what to expect.

Apr 29, 2023 08:37 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Wheat Ridge home buyers and sellers are sure to value your real estate market report, Will.

May 02, 2023 06:52 PM
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