This is the June 2016 Real Estate Market Update for
Affordable Homes for Sale in Greeley CO
If you're looking to buy your first home, are a renter tired of paying rent and want something that makes more financial sense, or are working with a limited budget, you'll want to take a close look at Affordable Homes for Sale in Greeley CO.
Be aware, however, that the availability of affordable homes is very limited and there will most likely be a lot of competition from other interested buyers for these homes. Your opportunity for success will be greatly improved by having your financing in place and being willing to move rapidly when a good opportunity arises.
At the present time, there are just 16 homes for sale in Greeley priced under $225,000, starting at $87,000, providing a limited choice of locations, conditions, sizes and styles. There are an additional 100 affordable homes currently under contract and waiting to close.
Sales of affordable homes in Greeley have been strong so far this year – there have been 254 sales, with prices ranging from a low of $36,000 to a high of $225,000, with a median price of $180,000 and an average price of $180,224. Market performance was very good - average days to get an offer for the homes that sold has been 18 days, with an average days on the market of 49. The sale price/list price ratio for these 254 homes was 100.2%, indicating high buyer demand and a strong seller's market.
The inventory of affordable homes is subject to frequent change, so if you want to track what's happening, we cen help - let us 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 you'd like to see in person, please give us a call - we’d be happy to schedule a showing appointment for you, quickly and at your convenience.
Mary & Dick Greenberg
Data Source: IRES MLS