February 2019 Real Estate Market Report for Northglenn

mikejgold Real Estate Market Reports Leave a Comment

How is the real estate market in Northglenn? In the video above I will outline the fundamentals of the Northglenn real estate market by reviewing demand (sold and under contract listings) and supply levels (active and new listings) within the city of Northglenn for the month of February 2019 as well as review where the market has been via lagging indicators (sales price), and current market health with month’s supply of inventory, days on market and list to sales price ratio.  For the RE COLORADO report click here!

Oh, by the way, do not forget to check out how the overall metro Denver Real Estate market is doing by clicking here!

Year to Year

Feb-18 Feb-19 % change
Average Sold Price $322,659 $338,303 5%
New Listings 46 36 -28%
Active Listings 17 15 -13%
Under Contract 46 37 -24%
Sold Listings 22 42 48%
Days on Market 8 25 68%
Months Supply of Inventory 0.40 0.30 -33%
Average Percent of Original List Price 100.7% 100.10% -1%
Avg. Price Per Tot Sq Ft 172 172  0%

Month to Month

Jan-19 Feb-19 % change
Average Sold Price $330,669 $338,303  2%
New Listings 41 36 -14%
Active Listings 19 15 -27%
Under Contract 54 37 -46%
Sold Listings 28 42 33%
Days on Market 38 25 -52%
Months Supply of Inventory 0.40 0.30 -33%
Average Percent of Original List Price 98.9% 100.10%  1%
Avg. Price Per Tot Sq Ft 172 172  0%

 

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mikejgold