Longmont Monthly Market Update – Condominium/Townhome

City of Longmont Condominium/Townhome (Attached)

Information provided by IRES and Metrolist Information Services.

 

YTD Comparison:

LONGMONT ATTACHED DWELLINGS 2018 YTD 2019 % Change
Total Units Sold 320 14 Insufficient YTD Data
Average Sales Price $354,098 $339,177 Insufficient YTD Data
Median Sales Price $331,625 $334,472 Insufficient YTD Data
Average Days to Contract 28 36 Insufficient YTD Data

 

(Attached Dwelling – % Under Contract)

ATTACHED DWELLINGS Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
UNDER $500k       71% 79% 64% 64% 54% 46% 48% 20% 34% 35%
$500K +       62% 57% 43% 54% 42% 33% 11% 13% 44% 43%
OVERALL 65% 60% 76% 70% 76% 61% 63% 53% 45% 44% 20% 35% 36%

 

(Attached Dwelling – Inventory)

ATTACHED DWELLINGS Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
  63 69 75 86 96 98 97 95 113 116 73 85 90

 

(Attached Dwelling – # Sold)

ATTACHED DWELLINGS Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
  19 20 21 23 26 39 21 35 24 27 44 15 14

 

(Attached Dwellings – Absorption Rate in Months) Based off 6-month sales average

ATTACHED DWELLINGS Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
  2.39 3.11 3.28 2.77 4.33 3.97 3.88 3.45 4.04 4.5 2.31 3.07 3.34