This is the November 2017 Real Estate Market Update for
Loveland Colorado Two Bedroom Homes for Sale
Once considered difficult to sell because they were too small for the average family, today two bedroom homes are now looked at as a reasonable alternative to town homes and condos, and have become popular with first-time home buyers, renters seeking the financial and lifestyle benefits of home ownership, and empty-nesters looking to downsize to a home that is more appropriate to their current needs. And as the data below demonstrate, they certainly aren't hard to sell. They are relatively scarce, though, making up only around 7% of all homes for sale.
If your need for space is limited, you'll want to take a look at the available inventory of Two Bedroom Homes for Sale in Loveland CO.
There are only 26 two bedroom homes for sale at the present time, ranging in price from a low of $170,000 to a high of $637,000, providing a limited but interesting choice of features, locations and prices. 24 of these 26 homes are 1 story ranch-style homes. There are currently an additional 25 two bedroom homes under contract and waiting to close.
Even with their limited numbers, sales of two bedroom homes have been good in Loveland CO so far in 2017 – there have been 143 sales, ranging in price from a low of $73,500 to a high of $1,100,000, with a median price of $299,000 and an average price of $349,020. Market performance was very good - average days to get an offer for the homes that sold was 29 days, with an average days on the market of 69. The sale price/list price ratio for these 143 homes was 100.3%, a sign of high buyer demand and a strong seller's market.
With frequent change in the availability of two bedroom homes, if you'd like to track what's happening in this portion of the market, we can 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 home that might meet 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