This is the June 2017 Real Estate Market Update for
Greeley CO Zip Code 80620
The 80620 zip code consists of the city of Evans, on Greeley's southeastern border, and contains single family homes in older existing neighborhoods on the south and west, new home development on the western edge, and mixed retail and commercial development in the northeast corner, adjacent to Greeley's central business district.
Inventory in the 80620 zip code continues to be much lower than optimal - there are only 14 homes for sale, priced from a low of $58,500 to a high of $360,000. There are another 59 homes under contract and waiting to close. Demand is still running strong, so unless we see some additional inventory come on the market, we can expect to see prices rising.
Even with limited inventory, homes have sold well in the 80620 zip code so far in 2017 - there have been 134 sales, ranging from a low of $55,000 to a high of $401,170, with a median price of $250,000 and an average price of $237,965. Market performance was very good, with an average days to offer of 21 and an average days on the market of 56. The sale price/list price ratio for these 134 homes was 100.8%, indicating high buyer demand and a strong seller's market.
If you would like to browse the available inventory, check out Homes for Sale in Greeley CO Zip Code 80620. When you come across a home you'd like to see in person, please give us a call - we would love to schedule a showing for you at your convenience.
Mary & Dick Greenberg
Data Source: IRES MLS