First American Market Report

Johnstown, CO

Single-Family Homes

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Johnstown, CO

Fri Feb 21 2020
This week the median list price for Johnstown, CO is $409,450 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 84. Click here to stay informed with the Johnstown market!

Market Action Index

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

Slight Buyer's Advantage

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Johnstown, CO

Fri Feb 21 2020
This week the median list price for Johnstown, CO is $409,450 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 84. Click here to stay informed with the Johnstown market!

Market Action Index

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

Slight Buyer's Advantage

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Johnstown market.
Median List Price $409,450
Per Square Foot $152
Days on Market 127
Price Decreased 27%
Price Increased 10%
Relisted 48%
Inventory 84
Median Rent $1,595
Most Expensive $1,150,000
Least Expensive $290,900
Market Action 28
Slight Buyer's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$565,000 4,100 0.25 - 0.5 acre 4 3 1 1 0 169
$430,000 3,382 6,500 - 8,000 sqft 4 2 12 2 2 119
$380,000 2,645 6,500 - 8,000 sqft 4 3 7 2 2 73
$333,000 1,710 0 - 4,500 sqft 3 2 8 1 2 146