This is the April 2017 Real Estate Market Report for
Greeley CO Zip Code 80620
The 80620 zip code in the Greeley CO area includes the city of Evans, located on Greeley's southeastern border, and is characterized by single family homes in older existing neighborhoods on the south and west, some new home development on the western edge, and mixed retail and commercial in the northeast corner, adjacent to Greeley's central business district.
Home sales are proceeding strongly in the 80620 zip code so far this year - there have been 56 sales, ranging from a low of $55,000 to a high of $300,000, with a median price of $323,500 and an average price of $226,544. Market performance was good, with an average days to offer of 22 and an average days on the market of 61. The sale price/list price ratio for these 56 homes was 100.5%, a sign of high buyer demand and a strong seller's market.
Inventory is exceptionally low at the present time - there are only 6 homes for sale in the entire 80620 zip code, priced from a low of $65,000 to a high of $330,490. There are an additional 44 homes under contract and waiting to close. We are hopeful to see additional homes become available as we move further into spring. Demand remains high, and continued imbalance in the market will inevitably lead to higher home prices.
If you would like to check out the current inventory, take a look at Homes for Sale in Greeley CO Zip Code 80620. When you find a home that interests you, give us a call - we would be pleased to schedule a showing for you at your convenience.
Mary & Dick Greenberg
Data Source: IRES MLS