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Longmont Real Estate Update: Week of May 6, 2018

The following data is provided by Kyle Snyder at First American Title .
Real estate, homes
Photo by Blake Wheeler on Unsplash

This content was originally published by the Longmont Observer and is licensed under a Creative Commons license.

The following data is provided by Kyle Snyder at First American Title.

Houses

Median List Price $524,950
Per Square Foot $182
Days on Market 85
Price Decreased 21%
Price Increased 6%
Relisted 25%
Inventory 383
Median House Rent $1,950

Condos

Median List Price $329,900
Per Square Foot $216
Days on Market 50
Price Decreased 11%
Price Increased 13%
Relisted 18%
Inventory 45
Median Apartment Rent $1,350

Note: Price Increased is the difference between when a listing sells for more than the listing price. Price Decreased is the decrease in listing price.