Great NoCo Homes Market Update

Johnstown, CO

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Johnstown, CO

Thu Jan 20 2022
This week the median list price for Johnstown, CO is $488,100 with the market action index hovering around 45. This is an increase over last month's market action index of 43. Inventory has increased to 30. Click here to stay informed with the Johnstown market!

Market Action Index

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

Strong Seller's Market

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.

Johnstown, CO

Thu Jan 20 2022
This week the median list price for Johnstown, CO is $488,100 with the market action index hovering around 45. This is an increase over last month's market action index of 43. Inventory has increased to 30. Click here to stay informed with the Johnstown market!

Market Action Index

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

Strong Seller's Market

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 Johnstown market.
Median List Price $488,100
Median Price of New Listings $504,950
Per Square Foot $222
Average Days on Market 276
Median Days on Market 42
Price Decreased 3%
Price Increased 57%
Relisted 37%
Inventory 30
Median Rent $773
Market Action 45
Strong Seller's Market

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
$534,995 4,397 6,500 - 8,000 sqft 4 3 14 1 2 28
$500,000 2,652 4,500 - 6,500 sqft 3 2.5 1 1 0 21
$479,000 1,993 4,500 - 6,500 sqft 3 3 1 1 4 332
$443,150 1,882 4,500 - 6,500 sqft 3 3 2 1 2 448