DeAnna Neises' Market Report

Louisville, CO 80027

Single-Family Homes

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



Louisville, CO 80027

Mon Apr 22 2019
This week the median list price for Louisville, CO 80027 is $668,995 with the market action index hovering around 35. This is less than last month's market action index of 40. Inventory has held steady at or around 52. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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.

Louisville, CO 80027

Mon Apr 22 2019
This week the median list price for Louisville, CO 80027 is $668,995 with the market action index hovering around 35. This is less than last month's market action index of 40. Inventory has held steady at or around 52. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 Louisville market.
Median List Price $668,995
Per Square Foot $303
Days on Market 38
Price Decreased 27%
Price Increased 2%
Relisted 6%
Inventory 52
Median House Rent
Most Expensive $1,835,000
Least Expensive $490,000
Market Action Index
Slight Seller's Advantage
35

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
$1,075,000 3,240 0.25 - 0.5 acre 5 3 27 1 1 43
$710,000 2,983 4,500 - 6,500 sqft 4 2 27 3 0 40
$649,900 2,467 6,500 - 8,000 sqft 3 2 36 4 2 46
$529,900 1,392 4,500 - 6,500 sqft 3 1 36 5 0 22