This is the April 2017 Real Estate Market Report for
Greeley CO Zip Code 80631
The 80631 zip code for Greeley CO encompasses the northern and eastern portions of the city, including the central business district and the University of Northern Colorado. It consists of established older neighborhoods, some new housing development, and semi-rural and rural areas to the north and est of the city limits.
Homes are selling well in the 80631 zip code area so far this year - there have been 70 sales, ranging in price from a low of $42,700 to a high of $580,000, with a median price of $197,000 and an average price of $216,192. Market performance has been good, with an average days to offer of 29 and an average days on the market of 60. The sale price/list price ratio for these 70 homes was 99.9%, showing high buyer demand and a strong seller's market.
Available inventory continues to decline. At the present time, there are only 16 homes for sale in the 80631 zip code, priced from a low of $109,900 to a high of $1,650,000, offering a very sparse selection of locations, sizes, styles and price. There are another 64 homes under contract and waiting to close. Typically, more homes are expected to be offered for sale in the coming months, and they will be sorely needed to provide some market balance and slow the rapid rise in home prices.
If you'd like to take a look at the available inventory, check out Homes for Sale in Greeley CO Zip Code 80631. When you find a home that appears to meet your needs, please give us a call - we'd love to schedule a showing for you at your convenience.
Mary & Dick Greenberg
Data Source: IRES MLS