This is the June 2016 Real Estate Market Update for
New Homes for Sale in Greeley CO
If you are attracted to the idea of a brand new never-before-lived-in home - one incorporating the newest ideas in home design and energy efficiency, with the ability to select finishes, upgrades and options - take a look at the current inventory of New Homes for Sale in Greeley CO.
Home builders remain active in the Greeley area, and are providing a large inventory to choose from - there are 211 new homes on the market at the present time, priced from a low of $228,000 to a high of $775,500, providing a nice range of locations, sizes and styles. Of these 211 homes, 62 are finished and ready for occupancy, 72 are under construction, and 77 are yet to be built. The last two of those categories offer the best opportunities for choosing options and upgrades. There are an additional 238 new homes under contract and waiting to close.
New homes have sold well in the Greeley area so far this year – there have been 408 sales, with prices ranging from a low of $185,900 to a high of $858,000, with a median price of $295,203, and an average price of $318,035. Average days to get an offer for the homes that sold has been 54 days, with an average days on the market of 113. The sale price/list price ratio for these 408 homes was 100.4% of listing price.
Note: In new construction sales, homes typically sell above list price because options and upgrades are common additional charges. Similarly, new construction requires more time, so the days on market will be longer than for resale homes.
Because of constant change in the availability of new homes, if you would like to follow this portion of the market, let us 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 new home that meets your needs, 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