Your Local Market Report

Palisade, CO

Single-Family Homes

How's the Market?



Palisade, CO

Tue Mar 19 2024
This week the median list price for Palisade, CO is $697,500 with the market action index hovering around 37. This is an increase over last month's market action index of 33. Inventory has decreased to 11. Click here to stay informed with the Palisade market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Palisade, CO

Tue Mar 19 2024
This week the median list price for Palisade, CO is $697,500 with the market action index hovering around 37. This is an increase over last month's market action index of 33. Inventory has decreased to 11. Click here to stay informed with the Palisade market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Palisade market.
Median List Price $697,500
Median Price of New Listings $739,000
Per Square Foot $317
Average Days on Market 120
Median Days on Market 91
Price Decreased 45%
Price Increased 0%
Relisted 18%
Inventory 11
Median Rent
Market Action 37
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,194,950 3,228 2.5 - 5 acres 5 4 30 0 0 66
$829,900 2,088 0.5 - 1 acre 4 4 41 1 0 91
$689,000 2,816 1 - 2.5 acres 4 3 57 0 1 105
$450,000 1,352 8,000 - 10,000 sqft 3 2 32 0 1 14