This is the October 2017 Real Estate Market Report for
Greeley CO Homes for Sale in Zip Code 80634
The Greeley CO 80634 zip code covers the western portions of the city, running north and south of US 34. It is characterized by a mix of older and newer neighborhoods, new subdivisions, and extensive retail and commercial development. Most of Greeley's recent growth and new home construction has occurred in this zip code area.
Inventory remains at less than optimal levels and isn't meeting current buyer demand. There are 136 homes on the market in the 80634 zip code, priced from a low of $168,000 to a high of $929,000, providing a nice but limited selection of locations, sizes, styles and features. There are an additional 133 homes under contract and waiting to close. Until we have an increase in homes on the market, the imbalance between supply and demand is expected to continue pushing home prices upward.
In spite of the lack of available inventory, home sales have been strong in the 80634 zip code area so far this year - there have been 796 sales, priced from a low of $73,000 to a high of $979,000, with a median price of $300,000 and an average price of $321,387. Market performance has been very good, with an average days to offer of 25 and an average days on the market of 59. The sale price/list price ratio for these 796 homes was 99.98%, showing a strong seller's market and high buyer demand.
If you want to take a look at the available inventory, browse Homes for Sale in Greeley CO Zip Code 80634. When you see a home you'd like a closer look at, 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