This is the May 2016 Real Estate Market Report for
Loveland CO Luxury Homes for Sale
Home buyers searching for something special - a unique home with a custom design, high-end finishes, top quality fixtures and appliances, and large lots with great views - will find some interesting opportunities by taking a look at the available inventory of Luxury Homes for Sale in Loveland CO.
Note: For the Northern Colorado market area, we are defining luxury homes as those priced from $500K and up.
The current inventory of Luxury homes in Loveland is substantial - there are 146 luxury homes currently on the market, priced from $500,000 to $3,800,000, offering an excellent choice of size, style and location. It remains a moderate buyer's market for these luxury homes, and prices are very competitive. There are another 71 luxury homes under contract and waiting to close.
Sales of luxury homes have been good so far in 2016 - there have been 101 sales, with prices ranging from a low of $500,000 to a high of $1,375,000, with a median price of $579,035 and an average price of $634,221. Luxury homes will typically take longer to sell - the average days to get an offer has been 83 days, with an average days on the market of 134. The sale price/list price ratio for these 101 homes was 97.8%.
The Inventory of luxury homes changes frequently, so if you would like to keep an eye on what's happening, we can help - 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 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