Condos/Townhomes
Tue Mar 02 2021
This week the median list price for Loveland, CO is $355,711 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 130.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
Median List Price | $355,711 | |
Per Square Foot | $202 | |
Days on Market | 84 | |
Price Decreased | 3% | |
Price Increased | 11% | |
Relisted | 6% | |
Inventory | 130 | |
Median Rent | $1,341 | |
Most Expensive | $12,000,000 | |
Least Expensive | $225,000 | |
Market Action | 29 | |
Slight Buyer's Advantage |
The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$435,787 | 2,756 | 4,500 - 6,500 sqft | 3 | 2 | 0 | 3 | 2 | 101 |
$374,950 | 2,184 | 6,500 - 8,000 sqft | 2 | 2 | 0 | 2 | 1 | 126 |
$329,900 | 1,509 | 6,500 - 8,000 sqft | 2 | 2 | 0 | 4 | 1 | 49 |
$285,000 | 1,264 | 4,500 - 6,500 sqft | 2 | 2 | 0 | 3 | 3 | 49 |