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Johnstown CO January 2012 Real Estate Market Report

By
Real Estate Broker/Owner with New Paradigm Partners LLC EB #1326335

Here is the Johnstown CO January 2012 Real Estate Market Report:

Johnstown CO January 2012 Real Estate Sales

December Property Sales were 31, up 63.2% from 19 in December of 2010 and 24.0% higher than the 25 sales last month. December 2011 sales were at their highest level compared to December of 2010 and 2009. December year-to-date sales of 304 are running 44.1% ahead of last year's year-to-date sales of 211.

Johnstown CO January 2012 Real Estate Prices

The Median Sales Price in December was $214,358, down 2.5% from $219,777 in December of 2010 and up 13.4% from $189,045 last month. The Average Sales Price in December was $219,976, down 18.3% from $269,323 in December of 2010 and up 5.3% from $208,959 last month. The December 2011 Average Sales Price was at a mid range compared to December of 2010 and 2009.

Johnstown CO January 2012 Real Estate Inventory

The Total Inventory of Properties available for sale in Johnstown CO as of December was 116, down 4.9% from 122 last month and down 5.7% from 123 in December of last year. December 2011 Inventory was at a mid level compared with December of 2010 and 2009. The Average Days On Market for December was 56, down 11.1% from 63 days last month and down 32.5% from 83 days in December of last year. The December 2011 Average Days On Market was at its lowest level compared with December of 2010 and 2009.

The real estate market in Johnstown CO continues to show some encouraging signs in a generally slow economic environment, with the sales continuing their upward trend, although price data is mixed. Johnstown's location is attractive to regional commuters, and its pricing remains favorable. It continues to be worth considering for buyers looking for attractively-priced homes.

If you're interested in looking at what is currently available, just Search Real Estate Listings for Johnstown CO. And if you find something that you would like a closer look at, please give us a call - we would be happy to arrange showings at your convenience to see any of these fine homes.

Posted by
Mary & Dick

Mary & Dick Greenberg
New Paradigm Partners LLC
2601 S. Lemay Ave. #41
Fort Collins, CO 80525
970-689-4663
www.maryanddick.com

 

Data Source: IRES MLS

Comments(4)

Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Dick,  We have noticed that inventory is way down in Denver as well. It is a great time to put your home in the market in Colorado.

Jan 20, 2012 02:51 AM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Inventory is down in the Q too.  What's up with that?  In fact I'd love to have some of Belinda's good fortune with her 6 listings in 10 days! 

Jan 20, 2012 03:05 AM
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi John & Belinda - I think what's happening with inventory is a function partly of seasonal effects, but I also think potential sellers are feeling that the market isn't right for them at this point. If they have an attractive, well-maintained and competitively priced home, I think they're calling it wrong - those homes are selling well right now. Thanksfor your comments.

Jan 20, 2012 03:58 AM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

Your market reports really reflect your background as a numbers guy. Impressive - and understanding and communicating what those "numbers" mean is all important. You are the master. :)

Jan 20, 2012 04:04 AM