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Annual Market Statistics - City of Longmont
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Longmont has really seen no change on average in the median price of a single family home
over the last five years (.78% decrease to be exact).
Attached dwellings (condos) have followed the same pattern. (losing 1% in median price value over the
last five years)
Longmont has a mix of older housing and new construction options.
Call me today to discuss how we can work together to meet your real estate needs.
| 2009 |
2008 |
2007 |
2006 |
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
1999 |
1998 |
| 2009 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
895 |
215,627,069 |
240,924 |
220,000 |
0.0 |
| Attached |
185 |
31,827,052 |
172,038 |
169,900 |
0.2 |
| Income |
29 |
7,265,500 |
250,534 |
243,000 |
7.0 |
| Lease |
2 |
--- |
--- |
N/A |
--- |
| Commercial |
8 |
2,713,000 |
339,125 |
160,000 |
-50.8 |
| Vacant Land |
2 |
207,000 |
103,500 |
N/A |
-34.1 |
| Farms |
0 |
0 |
0 |
N/A |
-- |
| Total |
1123 |
257,663,237 |
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|
| 2008 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
1023 |
257,973,154 |
252,173 |
220,000 |
-8.3 |
| Attached |
233 |
43,550,533 |
186,912 |
169,500 |
-6.9 |
| Income |
35 |
8,956,650 |
255,904 |
227,000 |
3.7 |
| Lease |
1 |
23,400 |
23,400 |
N/A |
--- |
| Commercial |
6 |
2,585,000 |
430,833 |
325,000 |
-9.0 |
| Vacant Land |
2 |
749,250 |
374,625 |
N/A |
-23.5 |
| Farms |
0 |
0 |
0 |
N/A |
-- |
| Total |
1303 |
313,902,487 |
|
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| 2007 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
1110 |
310,375,464 |
279,617 |
240,000 |
-1.0 |
| Attached |
233 |
45,230,841 |
194,123 |
182,000 |
1.2 |
| Income |
26 |
6,588,150 |
253,390 |
219,000 |
-6.8 |
| Lease |
0 |
0 |
0 |
N/A |
-100.0 |
| Commercial |
17 |
8,042,282 |
473,075 |
357,000 |
-27.9 |
| Vacant Land |
4 |
622,000 |
155,500 |
N/A |
-33.9 |
| Farms |
0 |
0 |
0 |
N/A |
-100.0 |
| Total |
1392 |
370,907,237 |
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| 2006 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
1223 |
354,806,107 |
290,111 |
242,500 |
1.5 |
| Attached |
236 |
45,231,280 |
191,657 |
179,950 |
1.2 |
| Income |
34 |
10,322,877 |
303,614 |
235,000 |
-9.6 |
| Lease |
2 |
1,510 |
755 |
755 |
15000.0- |
| Commercial |
15 |
8,954,123 |
596,941 |
495,000 |
23.8 |
| Vacant Land |
13 |
2,920,807 |
224,677 |
199,950 |
9.6 |
| Farms |
1 |
1,040,000 |
1,040,000 |
1,040,000 |
-57.6 |
| Total |
1527 |
423,379,604 |
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| 2005 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
1374 |
383,633,757 |
279,209 |
239,000 |
3.9 |
| Attached |
272 |
50,937,972 |
187,271 |
177,450 |
0.8 |
| Income |
57 |
17,741,811 |
311,259 |
260,000 |
-3.0 |
| Lease |
1 |
|
0 |
0 |
-28.6 |
| Commercial |
13 |
9,135,901 |
702,761 |
375,000 |
56.3 |
| Vacant Land |
11 |
2,694,000 |
244,909 |
165,000 |
5.8 |
| Farms |
2 |
4,900,000 |
2,450,000 |
500,000 |
-- |
| Total |
1734 |
469,132,846 |
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| 2004 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
1389 |
369,144,221 |
265,762 |
229,999 |
2.2 |
| Attached |
360 |
67,590,170 |
187,750 |
176,000 |
-0.6 |
| Income |
51 |
18,119,700 |
355,288 |
268,000 |
1.7 |
| Lease |
1 |
-- |
-- |
-100.0 |
| Commercial |
14 |
4,829,000 |
344,928 |
240,000 |
14.3 |
| Vacant Land |
17 |
7,093,150 |
417,244 |
156,000 |
21.9 |
| Farms |
0 |
0 |
0 |
0 |
-100.0 |
| Total |
1835 |
466,873,748 |
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| 2003 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
1311 |
335,519,686 |
255,926 |
225,000 |
0.2 |
| Attached |
340 |
62,837,001 |
184,814 |
177,000 |
2.0 |
| Income |
49 |
19,677,500 |
401,581 |
263,500 |
-4.2 |
| Lease |
1 |
43,605 |
43,605 |
43,605 |
** |
| Commercial |
8 |
3,639,900 |
454,987 |
210,000 |
-34.4 |
| Vacant Land |
17 |
2,604,000 |
153,176 |
128,000 |
96.2 |
| Farms |
1 |
813,082 |
813,082 |
813,082 |
** |
| Total |
1712 |
421,291,998 |
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| 2002 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
1331 |
336,178,429 |
252,575 |
224,500 |
2.1 |
| Attached |
296 |
54,495,693 |
252,575 |
224,500 |
5.4 |
| Income |
56 |
17,365,141 |
310,091 |
275,000 |
2.6 |
| Lease |
0 |
0 |
0 |
0 |
-100 |
| Commercial |
15 |
6,661,500 |
444,100 |
320,000 |
6.7 |
| Vacant Land |
7 |
1,058,600 |
151,228 |
65,250 |
-57.1 |
| Farms |
0 |
0 |
0 |
0 |
-- |
| Total |
1705 |
415,759,363 |
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| 2001 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
1369 |
342,884,553 |
250,463 |
219,900 |
11.9 |
| Attached |
459 |
79,906,134 |
174,087 |
164,575 |
14.7 |
| Income |
53 |
17,581,794 |
331,731 |
268,000 |
14.0 |
| Lease |
2 |
7,272 |
3,636 |
1,272 |
-98.7 |
| Commercial |
7 |
2,757,599 |
393,942 |
300,000 |
25.8 |
| Vacant Land |
20 |
3,775,620 |
188,781 |
152,000 |
157.6 |
| Farms |
0 |
0 |
0 |
0 |
** |
| Total |
1910 |
446,912,972 |
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| 2000 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
1542 |
340,230,354 |
220,642 |
196,500 |
15.7 |
| Attached |
434 |
68,112,186 |
156,940 |
143,500 |
16.6 |
| Income |
55 |
14,602,825 |
265,505 |
235,000 |
15.9 |
| Lease |
1 |
94,931 |
94,931 |
94,931 |
** |
| Commercial |
8 |
4,829,500 |
603,687 |
238,500 |
59.0 |
| Vacant Land |
19 |
1,657,000 |
87,210 |
59,000 |
0.0 |
| Farms |
0 |
0 |
0 |
0 |
-100.0 |
| Total |
2059 |
429,526,796 |
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| 1999 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
1331 |
257,963,129 |
193,811 |
169,900 |
10.7 |
| Attached |
297 |
40,180,715 |
135,288 |
123,050 |
-11.5 |
| Income |
48 |
13,917,570 |
289,949 |
202,800 |
9.7 |
| Lease |
0 |
0 |
0 |
0 |
-100.0 |
| Commercial |
9 |
2,140,000 |
237,777 |
150,000 |
-33.3 |
| Vacant Land |
28 |
3,474,000 |
124,071 |
59,000 |
16.8 |
| Farms |
1 |
68,000 |
68,000 |
68,000 |
-54.7 |
| Total |
1714 |
317,743,414 |
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| 1998 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
1244 |
213,146,678 |
171,339 |
153,500 |
--- |
| Attached |
196 |
27,113,912 |
138,336 |
139,099 |
--- |
| Income |
51 |
10,790,410 |
211,576 |
184,850 |
--- |
| Lease |
2 |
1,000,009 |
500,004 |
|
--- |
| Commercial |
15 |
5,597,640 |
373,176 |
225,000 |
--- |
| Vacant Land |
25 |
8,101,522 |
324,060 |
50,500 |
--- |
| Farms |
2 |
375,000 |
187,500 |
150,000 |
--- |
| Total |
1535 |
266,125,171 |
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Source: IRES - Information Real Estate Services
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