First American Market Report

Longmont, CO

Condos/Townhomes

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Longmont, CO

Fri Feb 28 2020
This week the median list price for Longmont, CO is $359,900 with the market action index hovering around 41. This is an increase over last month's market action index of 38. Inventory has held steady at or around 59. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Longmont, CO

Fri Feb 28 2020
This week the median list price for Longmont, CO is $359,900 with the market action index hovering around 41. This is an increase over last month's market action index of 38. Inventory has held steady at or around 59. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Longmont market.
Median List Price $359,900
Per Square Foot $224
Days on Market 73
Price Decreased 25%
Price Increased 8%
Relisted 19%
Inventory 59
Median Rent $1,395
Most Expensive $860,000
Least Expensive $197,000
Market Action 41
Slight Seller's Advantage

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
$483,845 2,535 0 - 4,500 sqft 4 3 4 4 4 68
$394,958 1,762 0 - 4,500 sqft 3 2 1 0 3 74
$346,000 1,301 0 - 4,500 sqft 2 2 15 0 2 96
$254,000 1,244 0 - 4,500 sqft 2 1 35 1 3 53