First Integrity Title Market Report

Northglenn, CO

Single-Family Homes

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Northglenn, CO

Tue Jul 16 2024
This week the median list price for Northglenn, CO is $532,000 with the market action index hovering around 61. This is an increase over last month's market action index of 56. Inventory has held steady at or around 33. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Northglenn, CO

Tue Jul 16 2024
This week the median list price for Northglenn, CO is $532,000 with the market action index hovering around 61. This is an increase over last month's market action index of 56. Inventory has held steady at or around 33. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Northglenn market.
Median List Price $532,000
Median Price of New Listings $549,500
Per Square Foot $251
Average Days on Market 48
Median Days on Market 28
Price Decreased 45%
Price Increased 0%
Relisted 0%
Inventory 33
Median Rent
Market Action 61
Strong Seller's Market

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
$607,500 2,758 8,000 - 10,000 sqft 4 3 53 1 1 17
$549,750 2,246 8,000 - 10,000 sqft 4 2.3 61 1 3 42
$522,500 2,008 6,500 - 8,000 sqft 4 2.3 60 0 2 45
$488,000 1,700 8,000 - 10,000 sqft 3 2 60 1 2 14