Great NoCo Homes Market Update

Berthoud, CO

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Berthoud, CO

Wed Feb 21 2024
This week the median list price for Berthoud, CO is $799,500 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has increased to 52. Click here to stay informed with the Berthoud market!

Market Action Index

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

Slight Seller's Advantage

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.

Berthoud, CO

Wed Feb 21 2024
This week the median list price for Berthoud, CO is $799,500 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has increased to 52. Click here to stay informed with the Berthoud market!

Market Action Index

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

Slight Seller's Advantage

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 Berthoud market.
Median List Price $799,500
Median Price of New Listings $565,000
Per Square Foot $253
Average Days on Market 131
Median Days on Market 70
Price Decreased 31%
Price Increased 12%
Relisted 13%
Inventory 52
Median Rent
Market Action 37
Slight Seller's Advantage

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
$2,400,000 5,133 0.5 - 1 acre 4 4 2 0 1 154
$900,000 3,926 0.5 - 1 acre 4 3 8 2 1 133
$650,000 3,424 8,000 - 10,000 sqft 4 3 7 2 3 21
$484,900 2,145 6,500 - 8,000 sqft 3 2 7 4 2 7