Johnstown CO March 2012 Real Estate Market Report

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

February property sales were 17, down 37.0% from 27 in February of 2011 and 21.4% higher than the 14 sales last month. February 2012 sales were at a mid level compared to February of 2011 and 2010. February year-to-date sales of 31 are running 16.2% behind last year's year-to-date sales of 37.

The Median Sales Price in February was $203,500, up 1.8% from $200,000 in February of 2011 and down 21.6% from $259,450 last month. The Average Sales Price in February was $204,505, down 2.6% from $209,888 in February of 2011 and down 20.6% from $257,431 last month. The February 2012 Average Sales Price was at the lowest level compared to February of 2011 and 2010.

The Total Inventory of Properties available for sale as of February was 137, up 21.2% from 113 last month and up 21.2% from 113 in February of last year. February 2012 Inventory was at its highest level compared with February of 2011 and 2010. The Average Days On Market for February was 63, up 46.5% from 43 days last month and down 19.2% from 78 days in February of last year. The February 2012 Average Days On Market was at its lowest level compared with February of 2011 and 2010.

The Johnstown CO March 2012 Real Estate Market Report data is mixed this month - sales were up and prices down from last month - that could be seasonal effects and shifts in buying focus. And inventory levels are rising, which is probably due to slower sales. Johnstown offers a location that is very attractive to regional commuters, and its well-priced homes combined with low interest rates bode well for the local housing market.

If you'd like to take a closer look at what is currently available, Search Real Estate Listings for Johnstown CO. If you see something interesting, please give us a call - we would be pleased to arrange showings at your convenience to see any of these fine homes.