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Town comparisons › Longmont vs Severance

Longmont vs Severance

Longmont and Severance are both Colorado towns. There are 423 homes for sale in Longmont and 79 in Severance as this page loaded. Longmont is the more expensive of the two: a median asking price of $573,000 against $496,600 in Severance, about 15% higher. Homes are moving faster in Severance — a median of 53 days on market against 56 in Longmont. On months of supply both are a balanced market right now.

Side by side

MeasureLongmontSeverance
Homes for sale42379
New in last 30 days12825
Median asking price$573,000$496,600
Median price per sq ft$320$242
Median size (sq ft)1,9212,302
Median bedrooms34
Median days on market5653
Months of supply3.33.4
Sold, last 12 months1,545275
Median sold price$565,000$500,000
Median days to sell5774
Sold vs asking price99.0%100.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Longmont is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.
Severance is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.

Longmont

423
Homes for sale
$573,000
Median asking price
$320
Median per sq ft
56
Median days on market

Severance

79
Homes for sale
$496,600
Median asking price
$242
Median per sq ft
53
Median days on market

Look at either town on its own

Questions people ask

Is Longmont or Severance more expensive?

Longmont is more expensive. The median asking price is $573,000 in Longmont against $496,600 in Severance. By price per square foot, Longmont runs $320 and Severance $242.

Which moves faster, Longmont or Severance?

Homes for sale in Severance have been on the market a median of 53 days, against 56 days in Longmont. Of the homes that actually closed in the last twelve months, Longmont took a median of 57 days and Severance 74.

Is Longmont or Severance the better market for a buyer?

Longmont is a balanced market and Severance is a balanced market, measured on months of supply — 3.3 months in Longmont and 3.4 in Severance. More months of supply means more choice and more room to negotiate, so on that measure Severance is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Longmont and Severance?

There are 423 homes for sale in Longmont and 79 in Severance as this page loaded, 128 and 25 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.