Market report, updated

Drake Real Estate Market Report

Condo, Single Family Residential search in the city of Drake

Create your own market report
MyColoradoRealEstate.com
Report prepared by MyColoradoRealEstate.com North Star Team at RE/MAX Alliance
North Star Team at RE/MAX Alliance logo

This report updates automatically from the MLS and shows what is for sale, what is under contract and what has sold in Drake over the last six months. Want to know what it means for your home or your search? Reach out to the North Star Team and we will walk you through it.

Back to the Drake community guide | What's my home worth?

Market at a glance

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $510K Sold · $492K
$680K$540K$400K$260K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 8 sales in Jul. Last month: 0.

Where the market stands

All homes in this report, by status.

43homes
Active26 · 60%
Sold (6 mo)17 · 40%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

10.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$741K
Sold$529K

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 26
Average list price $741,357
Avg. days on market Not enough data
Avg. price per ft² $404
Avg. living area 1,795 ft²
Avg. beds / baths 3.0 / 2.2

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$6M$4M$2M$0

Price vs. living area: 26 homes plotted, up to $6M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Not enough data to chart this.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 7 homes in this status.

28 Possum Ct$721
1607 W Hwy 34$685
1607 W Hwy 34$685
47 Berthoud Dale Ln$580
2389 Us Highway 34$501
148 Big Pine Ln$488
148 Big Pine Ln$488

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1607 W Hwy 34Drake, CO 80515 1074,738$3,250,000$685—
1607 W Hwy 34Drake, CO 80515 1074,738$3,250,000$685—
456 Storm Mountain DrDrake, CO 80515 332,697$998,000$370—
119 Berthoud Dale LnDrake, CO 80515 431,808$750,000$414—
148 Big Pine LnDrake, CO 80515 321,454$710,000$488—
148 Big Pine LnDrake, CO 80515 321,454$710,000$488—
678 Palisade Mountain DrDrake, CO 80515 223,081$670,000$217—
130 Sly Fox RdDrake, CO 80515 322,056$650,000$316—
130 Sly Fox RdDrake, CO 80515 322,056$650,000$316—
246 Picacho PlDrake, CO 80515 322,216$624,900$281—
MyColoradoRealEstate.com

Questions about this market?

North Star Team at RE/MAX Alliance logo

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

MyColoradoRealEstate.com North Star Team at RE/MAX Alliance

Next steps

How much is your home worth?

...get an instant estimated property value!

Free and instant. We can follow up with a detailed valuation.

Listings courtesy of Information and Real Estate Services, LLC as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.