This is the May 2016 Real Estate Market Report for
Loveland CO New Homes for Sale
If you are looking for a brand new home, one that has never been lived in and offers up-to-date design concepts, the latest in energy efficiency, and the opportunity to pick your own finishes, features and upgrades, you will want to take a careful look at the available inventory of New Homes for Sale in Loveland CO.
There is considerable new residential construction underway in Loveland at the present time - builders are active in a broad range of locations, with an excellent choice of styles, sizes and price. Currently, there are 120 new homes for sale in Loveland, ranging from a low of $189,000 to a high of $1,101,370. Of these 120 homes, 39 are completed and ready for occupancy, 72 are under construction, and 9 are yet to be built - the last two categories offer the best opportunities for picking finishes, upgrades and features.
Note: The number of available homes is most likely understated - builders seldom place their entire inventory on the Multiple Listing Service.
Sales of new homes in Loveland have been very good so far this year – there have been 166 new home sales, with prices ranging from a low of $249,300 to a high of $719,000, with a median price of $383,808, and an average price of $413,009. Average days to get an offer for the homes that sold has been 87 days, with an average days on the market of 139. The sale price/list price ratio for these 166 homes was 100.1%.
Note: In new home construction, the sale price often exceeds 100% of list price because of the cost of upgrades and add-ons, and the days on market tends to be longer than usual, due to construction time.
The availability of new homes varies constantly, so if you want to track what's going on, we can help - let us 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 you find a home that you'd like to see in person, please give us a call – we’d be happy to schedule a showing for you at your convenience.
Mary & Dick Greenberg
Data Source: IRES MLS