This is the August 2017 Real Estate Market Report for
Homes for Sale in Loveland CO Zip Code 80538
The 80538 zip code encompasses all of the city north of US 34, from the east side of I-25 into the foothills on the west. This zip code is characterized primarily by residential development, with some scattered commercial development and extensive retail around the I-25/US 34 interchange as well as along US 287 to the north of the city center. Most of the homes are found in established older neighborhoods, with some newer residential development occurring to the east and west.
Home sales have been good in the 80538 zip code so far in 2017 - there have been 495 sales, ranging in price from a low of $49,500 to a high of $2,250,000, with a median price of $339,000 and an average price of $380,281. Market performance has also been good, with an average days to offer of 25 and an average days on the market of 62. The sale price/list price ratio for these 495 sold homes was 99.7%, a sign of high buyer demand and a strong seller's market.
Inventory remains insufficient to meet high buyer demand - there are 106 homes on the market in the 80538 zip code, ranging in price from a low of $249,990 to a high of $2,750,000. There are an additional 122 homes under contract and waiting to close.
If you would like to check out the current inventory, take a look at Homes for Sale in Loveland CO Zip Code 80538. When you see something that interests 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