Mary & Dick's Blog

Greeley CO Homes for Sale - November 2017

This is the November 2017 Real Estate Market Report for
Homes for Sale in Greeley CO

 

Sales:

Greeley CO Home Sales October 2017 

Home sales in Greeley fell 11.7% in October 2017, to 111 homes sold, down from 124 in September 2017, and were also down 14.4% from 127 sales reported in October 2016. This is a normal and expected result, due both to the slower fall/winter season and the continuing lack of inventory.

 

 

Prices:

Greeley CO Home Prices October 2017 

Home prices were once again mixed in October 2017, with the median sales price rising 3.9% to $292K from $281K in September 2017, while the average price fell a slight 0.7% to $301K from $303K in September 2017. These changes have little significance, since month-to-month fluctuations in the prices of homes that sold are normal. The long-term price trend line strongly suggests, however, that home values continue to rise.

 

 

Inventory:

Greeley CO Home Inventory October 2017 

Inventory declined in October 2017, as expected for the season, falling to 138 homes on the market at the end of the month, down 15.9% from 160 at the end of September 2017. The Months Supply of Inventory (MSI) fell to 1.2 months in response to lower sales and inventory, and is still well within the strong seller’s market range.

 

 

Summary:

The Greeley real estate market seems to be settling into the traditionally less active fall season, with sales and inventory declining, and prices mixed but not moving much. This trend should continue into the first couple of months of next year. But even for this slower season, buyer demand will continue to be a factor, as regional economic expansion is forecasted to generate on-going employment growth. We won’t have much of a feel for what 2018 is going to look like until we get there and see what happens to inventory levels, but we’re not expecting much change from 2017.

 

If you would like to browse the available inventory, check out Homes for Sale in Greeley CO. When you find a home that appears to meet your needs, please give us a call - we'd love to schedule a showing for you at your convenience. And please don't hesitate to contact us if you have any questions about this market report or other real estate topics.

Mary & Dick

Mary & Dick Greenberg
New Paradigm Partners LLC
2601 S. Lemay Ave. #41
Fort Collins, CO 80525
970-689-4663
www.maryanddick.com

 

Data Source: IRES MLS

Comment balloon 2 commentsDick Greenberg • November 03 2017 04:51PM
Greeley CO Homes for Sale - November 2017
share
This is the November 2017 Real Estate Market Report for Homes for Sale in Greeley CO Sales : Home sales in Greeley fell 11. 7% in October 2017, to 111 homes sold, down from 124 in September 2017, and were also down 14. 4% from 127 sales reported… more
Greeley CO Real Estate Market Report - October 2017
share
This is the October 2017 Real Estate Market Report for Greeley CO Homes for Sale Sales: Home sales in Greeley declined 7. 5% in September 2017, to 124 homes sold, down 15. 3% from 143 in August 2017, but were up 4. 2% from 119 sales reported in… more
Greeley CO Homes for Sale in Zip Code 80634 - October 2017
share
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… more
Greeley CO Homes for Sale in Zip Code 80631 - October 2017
share
This is the October 2017 Real Estate Market Report for Greeley CO Homes for Sale in Zip Code 80631 The 80631 zip code consists of the northern and eastern portions of the city, including the central business district and the University of Northern… more
West Point Greeley CO Homes for Sale - September 2017
share
This is the September 2017 Real Estate Market Report for West Point Homes for Sale in Greeley CO It has been a slow year for real estate activity in West Point, primarily because of low inventory levels - so far in 2017, there have only been 11… more
Weber West Greeley CO Homes for Sale - September 2017
share
This is the September 2017 Real Estate Market Report for Weber West Homes for Sale in Greeley CO Weber West, once a very desirable location for affordable home buyers, has seen very low inventory levels of homes for sale in the last several years… more
Saint Michaels Greeley CO Homes for Sale - September 2017
share
This is the September 2017 Real Estate Market Report for Saint Michaels Homes for Sale in Greeley CO Lower than optimal inventory levels have resulted in homes selling only moderately well in Saint Michaels so far in 2017- there have been 19 sales… more
Poudre River Ranch Greeley CO Homes for Sale - September 2017
share
This is the September 2017 Real Estate Market Report for Poudre River Ranch Homes for Sale in Greeley CO Homes have sold well in Poudre River Ranch so far in 2017 - there have been 22 sales, ranging in price from a low of $288, 000 to a high of.. more
Kelly Farm Greeley CO Homes for Sale - September 2017
share
This is the September 2017 Real Estate Market Report for Kelley Farm Homes for Sale in Greeley CO Limited inventory has inhibited home sales in Kelly Farm so far this year - there have been 15 sales, priced from a low of $259, 900 to a high of $590… more
Hunters Cove Greeley CO Homes for Sale - September 2017
share
This is the September 2017 Real Estate Market Report for Hunters Cove Homes for Sale Greeley CO Homes sales in Hunters Cove have been limited so far in 2017 by a shortage of available inventory. Only 5 homes have sold, priced from a low of $282… more