First Integrity Title Market Report

Longmont, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Longmont, CO

Thu Aug 22 2019
This week the median list price for Longmont, CO is $478,500 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 551. Click here to stay informed with the Longmont market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

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.

Longmont, CO

Thu Aug 22 2019
This week the median list price for Longmont, CO is $478,500 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has held steady at or around 551. Click here to stay informed with the Longmont market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

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 Longmont market.
Median List Price $478,500
Per Square Foot $177
Days on Market 85
Price Decreased 44%
Price Increased 7%
Relisted 38%
Inventory 551
Median House Rent $1,973
Most Expensive $9,850,000
Least Expensive $235,000
Market Action Index
Slight Seller's Advantage
32

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
$990,000 4,726 0.5 - 1 acre 4 3 22 8 9 152
$538,450 3,683 6,500 - 8,000 sqft 4 2 17 18 16 77
$435,000 2,818 6,500 - 8,000 sqft 4 2 15 12 14 63
$370,000 1,824 6,500 - 8,000 sqft 3 2 36 16 14 49