Great NoCo Homes Market Update

Johnstown, CO

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Johnstown, CO

Sat Apr 13 2024
This week the median list price for Johnstown, CO is $554,737 with the market action index hovering around 49. This is about the same as last month's market action index of 49. Inventory has decreased to 62. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Johnstown, CO

Sat Apr 13 2024
This week the median list price for Johnstown, CO is $554,737 with the market action index hovering around 49. This is about the same as last month's market action index of 49. Inventory has decreased to 62. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Johnstown market.
Median List Price $554,737
Median Price of New Listings $540,000
Per Square Foot $218
Average Days on Market 54
Median Days on Market 28
Price Decreased 19%
Price Increased 8%
Relisted 8%
Inventory 62
Median Rent
Market Action 49
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
$675,000 3,583 0.25 - 0.5 acre 4 3 6 3 4 28
$595,000 3,038 6,500 - 8,000 sqft 4 2.5 0 0 4 28
$537,450 2,385 4,500 - 6,500 sqft 3 2.5 0 5 6 45
$457,900 1,617 0 - 4,500 sqft 3 2.5 0 1 6 14