First American Market Report

Louisville, CO

Condos/Townhomes

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Louisville, CO

Tue Feb 18 2020
This week the median list price for Louisville, CO is $568,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has held steady at or around 23. Click here to stay informed with the Louisville 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.

Louisville, CO

Tue Feb 18 2020
This week the median list price for Louisville, CO is $568,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has held steady at or around 23. Click here to stay informed with the Louisville 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 Louisville market.
Median List Price $568,000
Per Square Foot $288
Days on Market 93
Price Decreased 13%
Price Increased 13%
Relisted 9%
Inventory 23
Median Rent $2,295
Most Expensive $814,900
Least Expensive $315,000
Market Action 32
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
$799,000 2,063 0 - 4,500 sqft 3 3 1 0 0 91
$678,486 2,461 0 - 4,500 sqft 3 3 0 1 0 71
$524,250 2,218 0 - 4,500 sqft 2 2 6 1 0 115
$387,000 1,165 0 - 4,500 sqft 2 1 20 1 0 92