First Integrity Title Market Report

Northglenn, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 888-636-0372



Northglenn, CO

Mon Jun 05 2023
This week the median list price for Northglenn, CO is $515,000 with the market action index hovering around 79. This is less than last month's market action index of 80. Inventory has increased to 13. Click here to stay informed with the Northglenn market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Northglenn, CO

Mon Jun 05 2023
This week the median list price for Northglenn, CO is $515,000 with the market action index hovering around 79. This is less than last month's market action index of 80. Inventory has increased to 13. Click here to stay informed with the Northglenn market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Northglenn market.
Median List Price $515,000
Median Price of New Listings $509,999
Per Square Foot $297
Average Days on Market 24
Median Days on Market 7
Price Decreased 23%
Price Increased 0%
Relisted 0%
Inventory 13
Median Rent
Market Action 79
Strong Seller's Market

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
$574,950 1,935 4,500 - 6,500 sqft 4 2.5 22 0 1 98
$559,000 1,848 6,500 - 8,000 sqft 3 2.5 27 1 1 7
$512,975 1,975 8,000 - 10,000 sqft 4 2 57 2 2 0
$485,500 1,675 8,000 - 10,000 sqft 3 2 61 2 3 3