This is the August 2017 Real Estate Market Update for
Loveland CO New Homes for Sale
Home buyers looking for a brand new home - one that has never been lived in, incorporating the latest concepts in home design and energy efficiency, offering the opportunity to select finishes, fixtures and upgrades - will want to check out the current inventory of New Homes for Sale in Loveland CO. New home builders are very active in the Loveland area and there is a very nice range of choice available in home styles, sizes,locations and price.
There are 146 new homes currently on the market in Loveland CO, ranging from a low of $316,950 to a high of $1,950,000. Of these 146 homes, 48 are finished and ready for occupancy, 63 are under construction, and 35 are yet to be built - the last two of these categories offer the best opportunities for selecting custom finishes, upgrades and features.
Note: The number of available homes is understated in this report - builders seldom include their entire inventory on the Multiple Listing Service.
Sales of new homes have been strong in Loveland so far in 2017 – there have been 409 new homes sales, with prices ranging from a low of $249,000 to a high of $1,317,000, with a median price of $375,595, and an average price of $422,621. Average days to get an offer for the homes that sold was 59 days, with an average days on the market of 124. The sale price/list price ratio for these 409 homes was 100.6%, indicative of high buyer demand and a strong seller's market.
Note: For new home sales, the sale price may exceed 100% of list price because of buyer upgrades and add-ons, and the days on market may be longer than usual, due to construction time.
The inventory of new homes changes constantly, so if you want to track this segment of the market, let us help - we'll set up an on-going search especially for you, with your own customized web site - you'll be notified as soon as new listings are posted. And when you find a home that appeals to you, please give us a call – we’d love to schedule a showing for you at your convenience.
Mary & Dick Greenberg
Data Source: IRES MLS