Great NoCo Homes Market Update

Johnstown, CO

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Johnstown, CO

Sat Nov 27 2021
This week the median list price for Johnstown, CO is $478,620 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has decreased to 34. 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.

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.

Johnstown, CO

Sat Nov 27 2021
This week the median list price for Johnstown, CO is $478,620 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has decreased to 34. 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.

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 Johnstown market.
Median List Price $478,620
Median Price of New Listings $480,000
Per Square Foot $218
Average Days on Market 236
Median Days on Market 49
Price Decreased 18%
Price Increased 62%
Relisted 47%
Inventory 34
Median Rent
Market Action 44
Slight Seller's Advantage

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
$670,947 3,984 6,500 - 8,000 sqft 4 3 7 1 2 66
$492,500 2,685 4,500 - 6,500 sqft 3 3 0 0 1 31
$471,200 2,124 6,500 - 8,000 sqft 3 2.5 0 0 4 49
$441,800 1,875 0 - 4,500 sqft 3 3 2 1 3 791