First American Market Report

Johnstown, CO

Single-Family Homes

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Johnstown, CO

Sun Jul 12 2020
This week the median list price for Johnstown, CO is $415,000 with the market action index hovering around 30. This is an increase over last month's market action index of 28. Inventory has held steady at or around 94. 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 Seller's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Johnstown, CO

Sun Jul 12 2020
This week the median list price for Johnstown, CO is $415,000 with the market action index hovering around 30. This is an increase over last month's market action index of 28. Inventory has held steady at or around 94. 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 Seller's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Johnstown market.
Median List Price $415,000
Per Square Foot $156
Days on Market 93
Price Decreased 35%
Price Increased 14%
Relisted 39%
Inventory 94
Median Rent $1,825
Most Expensive $1,950,000
Least Expensive $199,500
Market Action 30
Slight Seller'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
$649,900 3,652 0.25 - 0.5 acre 4 3 6 2 5 140
$464,900 3,522 8,000 - 10,000 sqft 4 3 8 1 1 60
$378,449 2,498 6,500 - 8,000 sqft 3 2 12 1 7 46
$347,100 1,875 4,500 - 6,500 sqft 3 2 15 2 4 124