First American Market Report
Berthoud, CO
Condos/Townhomes
First American Title | 303.305.1350 | www.firstam.com/title/co
Berthoud, CO
Fri Feb 21 2020
This week the median list price for Berthoud, CO is $299,925 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has held steady at or around 36.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.
Real-Time Market Profile
| Median List Price | $299,925 | |
| Per Square Foot | $186 | |
| Days on Market | 75 | |
| Price Decreased | 19% | |
| Price Increased | 11% | |
| Relisted | 25% | |
| Inventory | 36 | |
| Median Rent | $1,723 | |
| Most Expensive | $599,900 | |
| Least Expensive | $265,390 | |
| Market Action | 26 | |
| Slight Buyer's Advantage | ||
Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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 |
|---|---|---|---|---|---|---|---|---|
| $539,900 | 3,177 | - | 3 | 2 | 0 | 0 | 0 | 137 |
| $302,000 | 1,612 | 0 - 4,500 sqft | 3 | 2 | 0 | 1 | 2 | 81 |
| $294,000 | 1,583 | 0 - 4,500 sqft | 3 | 2 | 0 | 2 | 2 | 34 |
| $280,900 | 1,326 | 0 - 4,500 sqft | 3 | 2 | 1 | 2 | 3 | 45 |