Arvada Market report for the week
Arvada, CO
Mon Jul 25 2022
This week the median list price for Arvada, CO is $682,500 with the market action index hovering around 67. This is less than last month’s market action index of 76. Inventory has increased to 226. Click here to stay informed with the Arvada market!
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Buyer’sMarketSeller’sMarket0102030405060708090100TodayTodayLast MonthLast Month6767
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.
Real-Time Market Profile
Never miss important changes in the Arvada market.
| Median List Price |
|
$682,500 |
| Median Price of New Listings |
|
$675,000 |
| Per Square Foot |
|
$272 |
| Average Days on Market |
|
38 |
| Median Days on Market |
|
21 |
| Price Decreased |
|
52% |
| Price Increased |
|
3% |
| Relisted |
|
8% |
| Inventory |
|
226 |
| Median Rent |
|
$2,900 |
| Market Action |
|
67 |
| Strong Seller’s Market |
7-Day Average90-Day AverageAug 2019Dec 2019Apr 2020Aug 2020Dec 2020Apr 2021Aug 2021Dec 2021Apr 2022Jul 2022$400K$500K$600K$700K$800K$900K$1.0M$1.1M
The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.
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 |
| $1,147,500 |
4,319 |
0.25 – 0.5 acre |
4 |
4 |
22 |
17 |
15 |
35 |
| $749,950 |
3,062 |
6,500 – 8,000 sqft |
4 |
3 |
42 |
14 |
11 |
21 |
| $649,000 |
2,258 |
6,500 – 8,000 sqft |
4 |
3 |
52 |
14 |
12 |
21 |
| $529,000 |
1,976 |
6,500 – 8,000 sqft |
3 |
2 |
58 |
18 |
13 |
14 |
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