Is Johnstown-Milliken, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Johnstown-Milliken has remained a Seller's Market.
Housing Prices in Johnstown-Milliken, CO
How much do homes in Johnstown-Milliken, CO cost?
Median Sold Price
$514,995
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Johnstown-Milliken was $514,995 in March 2024, up 3.1% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $452.5K | $229K | -49.4% |
2 Bedrooms | $390K | $343.6K | -11.9% |
3 Bedrooms | $467.6K | $475K | +1.6% |
4 Bedrooms | $530K | $539.8K | +1.9% |
5+ Bedrooms | $589.3K | $625K | +6.0% |
Summary: Johnstown-Milliken housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49.4%, 2 bedroom homes decreased by 11.9%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 6%.
Housing Supply in Johnstown-Milliken, CO
How many homes are available in Johnstown-Milliken, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
326 | 332 | +1.8% |
Summary: The Johnstown-Milliken real estate market had 332 homes for sale in March 2024, a 1.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 15 | 7 | -53.3% |
3 Bedrooms | 147 | 160 | +8.8% |
4 Bedrooms | 100 | 102 | +2.0% |
5+ Bedrooms | 62 | 62 | 0.0% |
Summary: The Johnstown-Milliken housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 53.3%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
65 | 77 | +18.5% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Summary: A total of 77 homes were sold or pending in Johnstown-Milliken in March 2024, up by 18.5% month-over-month. Of the 77 sold homes, 31% were sold under asking, 36% were sold at asking, and 32% were sold over asking.
Days on Market for Johnstown-Milliken, CO
How long does it take to sell a home in Johnstown-Milliken, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
67 Days | 48 Days | -27.8% |
Summary: Homes in Johnstown-Milliken had an average of 48 days on market in Mar 2024, down by 27.8% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During March 2024, 77 homes were sold in Johnstown-Milliken; 47% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.