First Integrity Title Market Report

Louisville, CO

Single-Family Homes

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Louisville, CO

Tue Jul 16 2024
This week the median list price for Louisville, CO is $1,099,000 with the market action index hovering around 40. This is less than last month's market action index of 47. Inventory has increased to 41. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Louisville, CO

Tue Jul 16 2024
This week the median list price for Louisville, CO is $1,099,000 with the market action index hovering around 40. This is less than last month's market action index of 47. Inventory has increased to 41. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Louisville market.
Median List Price $1,099,000
Median Price of New Listings $1,300,000
Per Square Foot $420
Average Days on Market 43
Median Days on Market 35
Price Decreased 49%
Price Increased 0%
Relisted 17%
Inventory 41
Median Rent
Market Action 40
Slight Seller's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$1,947,500 4,293 8,000 - 10,000 sqft 5 3.5 7 0 2 17
$1,410,000 3,945 6,500 - 8,000 sqft 4 3.5 21 2 0 14
$932,450 2,293 4,500 - 6,500 sqft 4 3 39 1 2 56
$819,000 1,910 6,500 - 8,000 sqft 3 2 40 0 0 63