Great NoCo Homes Market Update

Berthoud, CO

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Berthoud, CO

Mon Oct 03 2022
This week the median list price for Berthoud, CO is $686,139 with the market action index hovering around 43. This is about the same as last month's market action index of 43. Inventory has increased to 73. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Berthoud, CO

Mon Oct 03 2022
This week the median list price for Berthoud, CO is $686,139 with the market action index hovering around 43. This is about the same as last month's market action index of 43. Inventory has increased to 73. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Berthoud market.
Median List Price $686,139
Median Price of New Listings $639,900
Per Square Foot $221
Average Days on Market 61
Median Days on Market 42
Price Decreased 47%
Price Increased 5%
Relisted 19%
Inventory 73
Median Rent
Market Action 43
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
$1,562,500 4,969 5 - 10 acres 4 4 20 2 2 66
$774,432 3,673 8,000 - 10,000 sqft 4 4 3 2 2 31
$639,450 3,248 6,500 - 8,000 sqft 4 3 0 3 1 52
$525,000 2,261 6,500 - 8,000 sqft 3 3 4 4 7 28