This is the May 2015 Real Estate Market Report for
Loveland CO Luxury Homes for Sale
Home buyers interested in making a move up to a luxury home, one with a one-of-a-kind custom design, high-end finishes, unique features, top-of-the-line appliances and fixtures, on a bigger lot with perhaps some nice views, will want to check out Luxury Homes for Sale in Loveland CO. They will find much of interest to consider.
Note: For our Northern Colorado market area, we're defining luxury homes as those priced from $500k and up.
Current availability of luxury homes in Loveland is excellent, with 143 currently for sale, priced from $500,000 to $8,900,000, providing a nice selection of sizes, styles and locations. There are another 66 luxury homes under contract and waiting to close. With the large size of the available inventory, luxury homes are a buyer's market and prices are very attractive.
Luxury homes have been selling moderately well so far in 2015 - there have been 76 luxury homes sold, with prices ranging from $500,000 to a high of $980,000, with a median price of $576,192 and an average price of $606,239. Average days to get an offer for the homes that sold has been 76 days, with an average days on the market of 129. For these 76 homes, the sale price/list price ratio was 99.9% - the inclusion of newly constructed homes with added upgrades over list price keeps this ratio high.
Because there is frequent change in the inventory of luxury homes, if you would like to track this market, 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 you see something that interests you, please give us a call – we would love to schedule a showing for you at your convenience.
Mary & Dick Greenberg
Data Source: IRES MLS