Thornton Monthly Market Update – Single Family Homes

Thornton Single Family Homes (Detached)

Information provided by IRES and Metrolist Information Services.

 

THORNTON SINGLE FAMILY HOMES 2018 YTD 2019 % Change
Total Units Sold 2023 108 Insufficient YTD Data
Average Sales Price $407,770 $417,907 +2.5%
Median Sales Price $400,000 $396,610 -.84%
Average Days to Contract 30 44 +47%

 

(Single Family Homes – % Under Contract)

SINGLE FAMILY HOMES 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                 48% 48% 53% 51% 56%
Over $500K                 27% 29% 29% 32% 36%
OVERALL % U/C                 43% 44% 47% 46% 50%

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES 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’
                  456 464 434 327 363

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES 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’
                  143 152 142 144 103

 

(Single Family Homes – Absorption Rate in Months) Based off 6-month sales average

SINGLE FAMILY HOMES 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’
                  3.18 3.14 2.9 2.25 2.65