Grok The Market

Real Estate Meets Insight: Turning Data Into Decisions – Rob Thompson, Realtor®, Iconic Colorado Properties, LLC

COS: Weekly Closed to List Price ratio

Week to date we are at an average of 3.9% over list price. What does this mean? Homes are selling for an average of almost 4% over their asking price. Why does this matter? It helps buyers and sellers know what to expect when making offers or listing their homes.

COS: 400K-500K State of the Market

Here are the “vital stats” of the market in the 400K-500K price range. What you are seeing here is the last 14 months of data on our market in this bracket to include the per month number of sales, percent of cash sales of those sales, the average closed to list price ratio, average price, […]

COS: Closed to List Price Ratio 2019-2022

One of my favorite measures of the market is the closed to list price ratio. This is the measure of how much below or above list price people are paying for homes. Here we see the last three years of this measure. In Jan 2019, people we paying just over 99% of list price. This […]

Top 10 Zips and Subareas by Sales – YTD

Here are the top 10 zip codes by volume of sales YTD. 80831 leads the pack with just under 100 sales at an average sales price of around $534K. And here are the top 10 subareas by volume of sales YTD. Pueblo West leads with app 35 sales and an average sales price just north […]