This is the April 2017 Real Estate Market Report for
Greeley CO Zip Code 80634
The Greeley CO 80634 zip code covers the western areas of the city, north and south of US 34. It consists of a mix of older and newer neighborhoods, new subdivisions, and extensive retail and commercial development. The majority of the city's recent growth and new home construction can be found in this zip code area.
Homes have sold very strongly in the 80634 zip code area so far this year - there have been 188 sales, priced from a low of $157,000 to a high of $680,000, with a median price of 282,300 and an average price of $302,633. Market performance has also been very good, with an average days to offer of 32 and an average days on the market of 69. The sale price/list price ratio for these 188 homes was 99.4%, showing signs of high buyer demand and a strong seller's market.
Inventory continued its decline during the previous months, and is currently at a seasonal low. There are 69 homes currently for sale in the 80634 zip code, priced from a low of $140,000 to a high of $898,500, providing a limited but interesting range of locations, sizes, styles and features. There are another 162 homes under contract and waiting to close. More inventory is badly needed in the coming months to provide some market balance and slow the rapid rise in home prices.
If you you are curious about the current inventory and want to check it out, take a look at Homes for Sale in Greeley CO Zip Code 80634. When you see a home that looks like a good fit for your needs, please give us a call - we'd be delighted to schedule a showing for you at your convenience.
Mary & Dick Greenberg
Data Source: IRES MLS