First American Market Report

Johnstown, CO

Condos/Townhomes

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Johnstown, CO

Fri Feb 28 2020
This week the median list price for Johnstown, CO is $324,950 with the market action index hovering around 26. This is less than last month's market action index of 32. Inventory has held steady at or around 8. 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

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Johnstown, CO

Fri Feb 28 2020
This week the median list price for Johnstown, CO is $324,950 with the market action index hovering around 26. This is less than last month's market action index of 32. Inventory has held steady at or around 8. 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

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the Johnstown market.
Median List Price $324,950
Per Square Foot $138
Days on Market 71
Price Decreased 13%
Price Increased 0%
Relisted 50%
Inventory 8
Median Rent $1,567
Most Expensive $420,000
Least Expensive $284,900
Market Action 26
Slight Buyer's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$408,000 2,876 4,500 - 6,500 sqft 2 2 0 0 0 150
$360,000 2,861 4,500 - 6,500 sqft 2 2 10 1 0 66
$319,950 2,366 4,500 - 6,500 sqft 3 3 23 0 0 14
$294,950 2,177 0 - 4,500 sqft 2 2 18 0 0 52