This is the May 2015 Real Estate Market Report for
Loveland CO Affordable Homes for Sale
First time home buyers, renters who understand that home ownership is a better financial option, and those on a limited budget, should take a close look at the current inventory of Affordable Homes for Sale in Loveland CO. They should note, though, that there is strong competition from other buyers for these homes - the market is moving very quickly and it is important to be prepared and have the ability to react fast to opportunities as they arise.
Currently, there are only 13 homes available priced under $225,000 in Loveland, starting from a low of $99,900 - a very limited selection. There are another 38 affordable homes already under contract and waiting to close.
Affordable homes have sold strongly so far this year – there have been 100 sales, with prices ranging from a low of $115,000 to a high of $225,000, with a median price of $198,750 and an average price of $191,484. Average days to get an offer for the homes that sold has been 28 days, with an average days on the market of 57. For these 100 homes, the sale price/list price ratio was 99.7%.
Because the availability of affordable homes changes so frequently, if you would like to watch for opportunities, let us help - we will 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 a home comes on the market that you'd like to see, please give us a call - we’d be happy to schedule a showing for you quickly and at your convenience.
Mary & Dick Greenberg
Data Source: IRES MLS