First Integrity Title Market Report

Northglenn, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Northglenn, CO

Wed Jul 17 2019
This week the median list price for Northglenn, CO is $367,000 with the market action index hovering around 83. This is about the same as last month's market action index of 83. Inventory has held steady at or around 26. Click here to stay informed with the Northglenn market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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

Wed Jul 17 2019
This week the median list price for Northglenn, CO is $367,000 with the market action index hovering around 83. This is about the same as last month's market action index of 83. Inventory has held steady at or around 26. Click here to stay informed with the Northglenn market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 $367,000
Per Square Foot $171
Days on Market 32
Price Decreased 54%
Price Increased 0%
Relisted 0%
Inventory 26
Median House Rent
Most Expensive $565,000
Least Expensive $318,000
Market Action Index
Strong Seller's Market
83

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
$426,950 2,811 8,000 - 10,000 sqft 4 2 33 0 1 75
$403,450 2,607 8,000 - 10,000 sqft 3 2 53 0 2 29
$359,900 1,975 8,000 - 10,000 sqft 4 2 55 1 3 20
$334,900 1,768 6,500 - 8,000 sqft 3 2 54 3 6 11