First Integrity Title Market Report

Louisville, CO

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171



Louisville, CO

Tue Jun 25 2019
This week the median list price for Louisville, CO is $427,450 with the market action index hovering around 29. This is less than last month's market action index of 37. Inventory has held steady at or around 28. Click here to stay informed with the Louisville 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Louisville, CO

Tue Jun 25 2019
This week the median list price for Louisville, CO is $427,450 with the market action index hovering around 29. This is less than last month's market action index of 37. Inventory has held steady at or around 28. Click here to stay informed with the Louisville 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Louisville market.
Median List Price $427,450
Per Square Foot $325
Days on Market 107
Price Decreased 36%
Price Increased 0%
Relisted 11%
Inventory 28
Median Apartment Rent $1,928
Most Expensive $689,000
Least Expensive $180,000
Market Action Index
Slight Buyer's Advantage
29

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
$599,900 2,243 6,500 - 8,000 sqft 3 2 6 0 0 46
$470,000 1,135 - 2 1 24 2 1 220
$400,000 1,133 - 2 1 24 1 0 111
$295,000 901 0 - 4,500 sqft 2 1 37 0 0 51