Canyon Title Market Report

Longmont, CO

Single-Family Homes

303.831.7575 | info@canyontitle.com



Longmont, CO

Thu Mar 28 2024
This week the median list price for Longmont, CO is $670,000 with the market action index hovering around 50. This is about the same as last month's market action index of 50. Inventory has increased to 167. Click here to stay informed with the Longmont market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

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.

Longmont, CO

Thu Mar 28 2024
This week the median list price for Longmont, CO is $670,000 with the market action index hovering around 50. This is about the same as last month's market action index of 50. Inventory has increased to 167. Click here to stay informed with the Longmont market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

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 Longmont market.
Median List Price $670,000
Median Price of New Listings $597,000
Per Square Foot $278
Average Days on Market 85
Median Days on Market 28
Price Decreased 37%
Price Increased 2%
Relisted 10%
Inventory 167
Median Rent
Market Action 50
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,900,000 4,477 0.5 - 1 acre 4 3.5 27 6 3 126
$736,493 3,374 6,500 - 8,000 sqft 4 3 24 6 10 17
$612,250 2,692 6,500 - 8,000 sqft 4 2.5 19 9 9 28
$507,500 1,597 6,500 - 8,000 sqft 3 2 34 15 9 14