This is the March 2014 Real Estate Market Report for
Greeley CO Luxury Homes
If you are searching for a really nice home with lots of space on a big lot, and want something special in home design, high-end finishes, features and conveniences, you will want to take a close look at the Current Inventory of luxury homes for sale in Greeley. There's a good chance you'll find what you're looking for.
The supply of luxury homes in Greeley and the surrounding area is substantial, with 105 currently listed for sale, ranging in price from $509,287 to $9,800,000 (for our market, we're considering anything priced over $500,000 as a luxury home). These homes are available in a broad variety of locations, sizes, styles and amenities, and most are very competitively priced - it's still a buyer's market in this price range.
Luxury home sales continue at a slow pace thus far in 2014 – there have only been 9 sales, with prices ranging from a low of $512,000 to a high of $2,620,000, with a median price of $710,000 and an average price of $901,514. Average days to get an offer for the homes that sold has been 136 days, with an average days on the market of 162. These 9 homes sold for an average of 135.5% of listing price (this number is skewed dramatically by one new construction home, which sold for far more than its list price due to changes and upgrades).
If you would like to keep a close watch on this segment of the real estate market, we can help - let us know and 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 or prices change.
And if you see a home that looks interesting, please give us a call – we would love to set up a showing for you at your convenience.
Mary & Dick Greenberg
Data Source: IRES MLS