Mary & Dick's Blog

Greeley CO Affordable Homes for Sale - December 2015

This is the December 2015 Real Estate Market Report for
Affordable Homes for Sale in Greeley CO

 

If you're working with a limited budget, are a first-time home buyer, or are a renter who wants to enjoy the financial benefits of home ownership, you will want to take a close look at Affordable Homes for Sale in Greeley CO.

 

You need to be aware, however, that the affordable home market has limited inventory and a lot of interested buyers, so there is always a lot of competition for these homes. Your chances for a successful purchase can be greatly enhanced by having your financing in place and being prepared to make a quick decision when the right home comes along.

 

Affordable Homes for Sale Greeley CO November 2015

 

There are currently only 42 homes for sale in Greeley priced under $225,000, starting at $62,000 and offering a limited selection of locations, conditions, sizes and styles. There are an additional 85 affordable homes under contract and waiting to close.

Note: If you have been following our reports for a while, you will see that we recently raised the price ceiling on this category from $200,000 to $225,000, because of the effects of low inventory, strong demand and rising prices.

 

Affordable homes have been selling very strongly in Greeley so far this year – there have been 798 sales, with prices ranging from a low of $60,523 to a high of $225,000, with a median price of $180,500 and an average price of $177,136. Market performance has been also been very good - average days to get an offer for the homes that sold has been 20 days, with an average days on the market of 54. The sale price/list price ratio for these 798 homes was 99.9%, indicative of high buyer demand and a seller's market.

 

The inventory of affordable homes is always changing, so let us help if you would like to track this segment of the market closely - we'll 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 find a home that appears to meet your needs, please give us a call - we’d be happy to schedule a showing appointment for you quickly and at your convenience.

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 5 commentsDick Greenberg • November 11 2015 11:57AM

Comments

Hi Dick -- it's often quite difficult to find affordable homes regardless of how that word is defined.   In Greeley and the Northern Colorado markets you cover, buyers will have a better chance when they engage you and Mary for the fine and very capable services you provide.  

Posted by Michael Jacobs, Los Angeles Pasadena 818.516.4393 about 4 years ago

A little bird told me you are BACK!!!!!!  Hope you had a wonderful trip.  

You are right on top of things presenting us with great information about affordable homes in Greeley Colorado.

Posted by Belinda Spillman, Colorado Living! (Aspen Lane Real Estate Colorful Colorado) about 4 years ago

I guess you can buy a home in Greeley, CO for $225K or less.  That's great news for buyers wanting to purchase their first home.

Posted by Chris Ann Cleland, Associate Broker, Bristow, VA (Long and Foster REALTORS®, Gainesville, VA) about 4 years ago

Great Market Report.

Thanks for the information on the local community sales!

Posted by Bob Baesmann, DFW Team Realty | 972-978-8800 ( DFW Team Realty) about 4 years ago

Hi Dick, I hope all is well and you are enjoying yourself.

Posted by Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917 (Coldwell Banker) about 4 years ago

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