First Integrity Title Market Report

Longmont, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Longmont, CO

Wed Dec 07 2022
This week the median list price for Longmont, CO is $696,950 with the market action index hovering around 42. This is less than last month's market action index of 44. Inventory has decreased to 212. Click here to stay informed with the Longmont 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.

Longmont, CO

Wed Dec 07 2022
This week the median list price for Longmont, CO is $696,950 with the market action index hovering around 42. This is less than last month's market action index of 44. Inventory has decreased to 212. Click here to stay informed with the Longmont 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 Longmont market.
Median List Price $696,950
Median Price of New Listings $599,950
Per Square Foot $260
Average Days on Market 81
Median Days on Market 56
Price Decreased 60%
Price Increased 0%
Relisted 20%
Inventory 212
Median Rent
Market Action 42
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
$1,650,000 5,252 1 - 2.5 acres 5 4 27 2 2 84
$750,000 3,590 8,000 - 10,000 sqft 4 3 23 1 1 63
$615,000 3,255 6,500 - 8,000 sqft 4 3 17 4 7 42
$498,700 1,756 6,500 - 8,000 sqft 3 2 36 3 12 56