DeAnna Neises' Market Report

Louisville, CO 80027

Single-Family Homes

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



Louisville, CO 80027

Tue Feb 19 2019
This week the median list price for Louisville, CO 80027 is $669,500 with the market action index hovering around 44. This is an increase over last month's market action index of 41. Inventory has held steady at or around 28. 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

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.

Louisville, CO 80027

Tue Feb 19 2019
This week the median list price for Louisville, CO 80027 is $669,500 with the market action index hovering around 44. This is an increase over last month's market action index of 41. Inventory has held steady at or around 28. 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

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 Louisville market.
Median List Price $669,500
Per Square Foot $266
Days on Market 42
Price Decreased 25%
Price Increased 0%
Relisted 7%
Inventory 28
Median House Rent
Most Expensive $1,875,000
Least Expensive $490,000
Market Action Index
Slight Seller's Advantage
44

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,450,000 4,665 0.25 - 0.5 acre 5 3 24 0 0 42
$775,000 3,088 6,500 - 8,000 sqft 4 2 30 2 1 29
$625,000 2,342 6,500 - 8,000 sqft 3 1 62 0 0 78
$540,000 1,832 4,500 - 6,500 sqft 3 1 36 0 3 20