DeAnna Neises' Market Report

Louisville, CO 80027

Single-Family Homes

Chicago Title of Colorado | 303-601-2509 |deanna.neises@ctt.com



Louisville, CO 80027

Wed Jul 17 2019
This week the median list price for Louisville, CO 80027 is $652,000 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has held steady at or around 44. Click here to stay informed with the Louisville 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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Louisville, CO 80027

Wed Jul 17 2019
This week the median list price for Louisville, CO 80027 is $652,000 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has held steady at or around 44. Click here to stay informed with the Louisville 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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Louisville market.
Median List Price $652,000
Per Square Foot $300
Days on Market 52
Price Decreased 55%
Price Increased 2%
Relisted 14%
Inventory 44
Median House Rent $2,295
Most Expensive $1,399,100
Least Expensive $415,000
Market Action Index
Slight Seller's Advantage
41

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift 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
$999,950 3,284 8,000 - 10,000 sqft 4 3 29 0 0 64
$775,000 2,356 6,500 - 8,000 sqft 4 2 32 2 1 31
$630,000 2,428 6,500 - 8,000 sqft 4 2 36 0 1 76
$542,500 1,662 4,500 - 6,500 sqft 3 1 37 0 3 39