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Greeley, CO Real Estate News

By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2016 Real Estate Market Report for Greeley CO Zip Code 80620 The 80620 zip code in the Greeley CO area includes the city of Evans, on Greeley's southeastern border, and contains mostly single family homes in older existing neighborhoods towards the south and west, with new home development on the western edge. There is a bit of mixed retail and commercial activity in the northeast corner, close to Greeley's central business district.   Home sales have been good in the 80620 zip code so far in 2016 - there have been 137 sales, ranging from a low of $80,000 to a high of $408,545, with a median price of $219,000 and an average price of $213,107. Market performance has been strong, with an average days to offer of 24 and an average days on the market of 62. The sale price/l...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2016 Real Estate Market Report for West Point Homes for Sale in Greeley CO   After a sluggish start to the year, home sales in West Point have begun to show more activity - there have been 5 homes sold, ranging in price from a low of $270,000 to a high of $424,439, with a median price of $379,000 and an average price of $362,288. Market performance was fair, with an average days to get an offer of 68, and an average days on the market of 115. The sale price/list price ratio for these 5 homes was 97.3%.      Address: Style: Sq.Ft. Bedrooms: Price: Active:               633  51st Ave 2 Story 3648 5 $299,000   5110  W 6th St Rd 2 Story 3056 6 $350,000   5411  5th St Rd Ranch 4060 5 $378,000   5702  W 5th St Ranch 3582 4 $460,900   5427  7th St Rd 2 Story 5418 5 $769,900   ...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2016 Real Estate Market Report for Weber West Homes for Sale in Greeley CO   Constrained by a lack of available homes, home sales in Weber West have been slow so far this year - there were 10 sales, ranging in price from a low of $210,000 to a high of $280,250, with a median price of $256,000 and an average price of $252,765. Market performance has been very good, with an average days to get an offer of 15 and an average days on the market of 50. The sale price/list price ratio for these 10 homes was 99.5%, clearly indicating high buyer demand and a seller's market.       Address: Style: Sq.Ft. Bedrooms: Price: Active:               335  N 50th Ave Pl Tri-Level 1432 3 $230,000   114  50th Ave Four-Level 2060 3 $250,000 Pending:               119  48th Ave Ct Tri-Level 2...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2016 Real Estate Market Report for Saint Michaels Homes for Sale in Greeley CO   Homes have sold well in Saint Michaels so far this year - there have been 16 sales, priced from a low of $258,000 to a high of $482,500, with a median price of $291,250 and an average price of $304,452. Market performance has been good, with the average days to get an offer at 36 and average days on the market at 72. The sale price/list price ratio for these 16 homes was 100.0%, indicative of high buyer demand and a seller's market.      Address: Style: Sq.Ft. Bedrooms: Price: Active:               3206  66th Ave Ranch 3098 3 $310,000   3319  66th Ave 2 Story 2856 4 $325,000   3109  66th Ave 2 Story 2934 4 $349,900   3213  68th Ave Ct Ranch 3260 3 $350,000   3300  66th Ave Ranch 3474 4 $350...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2016 Real Estate Market Report for Poudre River Ranch Homes for Sale in Greeley CO   Sales of homes in Poudre River Ranch have been good so far in 2016 - there have been 11 homes sold, ranging in price from a low of $375,000 to a high of $675,000, with a median price of $506,075 and an average price of $492,970. Market performance has been good, with an average days to get an offer of 30 and an average days on the market of 146 - longer than normal because of the construction time associated with the high number of new homes. The sale price/list price ratio for these 11 homes was 99.0%.      Address: Style: Sq.Ft. Bedrooms: Price: Active:               501  Deville Dr Ranch 3424 3 $332,500   508  Sage Ave Ranch 3188 3 $335,625   505  Deville Ranch 3369 3 $342,400   605 ...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2016 Real Estate Market Report for Nevilles Crossing Homes for Sale in Greeley CO   Nevilles Crossing is a newer development featuring custom homes, and real estate activity has been slow for the last several years. So far this year, there have been 2 homes sold - a 4 bedroom 2-story priced at $408,545 and a 5 bedroom ranch-style priced at $490,000. Both of these homes sold earlier in the year, and there have been no home sales during the last 3 months. Market performance for these two homes was mixed - the less expensive home got an offer in one day, while the other was on the market for 160 days before contract. The sale price/list price ratio for these 2 homes was 95.7%.      Address: Style: Sq.Ft. Bedrooms: Price: Active:               4704  Charleston Ranch 4656 3 ...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2016 Real Estate Market Report for Kelley Farm Homes for Sale in Greeley CO   Home sales have been moderate in Kelly Farm so far in 2016 - there have been 14 sales, priced from a low of $249,900 to a high of $437,900, with a median price of $351,500 and an average price of $339,786. Market performance was good, with an average days to get an offer of 28, and average days on the market of 70. The sale price/list price ratio for these 14 homes was 98.8%.>     Address: Style: Sq.Ft. Bedrooms: Price: Active:               106 N 51st Ave 2 Story 4205 5 $429,841 Pending:               116 51st Ave Ranch 1092 5 $225,000   5309 W 2nd St Four-Level 1962 3 $270,000   331 52nd Ave Ranch 3008 4 $293,000   5511 W 2nd St Rd 2 Story 3586 4 $364,900   224 N 54th Ave 2 Story 3394 4 $369...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2016 Real Estate Market Report for Hunters Cove Homes for Sale Greeley CO  The availability of homes for sale in Hunters Cove continues to be critically low, a condition that has persisted throughout the last couple of years. Buyer interest in this attractive west side neighborhood remains strong, but there has been little to buy. So far this year, there have only been 5 sales. ranging in price from a low of $260,000 to a high of $329,500, with a median price of $310,000 and an average price of $310,900. Market performance was very good, with the average days to get an offer at 20, and average days on the market at 54. The sale price/list price ratio for these 5 homes was 98.7%.      Address: Style: Sq.Ft. Bedrooms: Price: Sold:               174  N 59th Ave Ct 2 Story ...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2016 Real Estate Market Report for Country Club West Homes for Sale in Greeley CO  Home sales in Country Club West have been slow so far in 2016, primarily because of a lack of available inventory - There have been 8 sales, priced from a low of $250,000 to a high of $397,000, with a median price of $320,450 and an average price of $317,600. Market performance has been good - the average days to get an offer was 41 days, and the average days on market was 80 days. The list price/sale price ratio for these 8 homes was 100.9%, indicating high buyer demand and a strong seller's market.      Address: Style: Sq.Ft. Bedrooms: Price: Active:               1222  52nd Ave 2 Story 2614 3 $290,000   1261  50th Ave 2 Story 4186 5 $375,000   1238  51st Ave Ct 2 Story 4906 6 $435,000 ...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
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...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2016 Real Estate Market Update for Luxury Homes for Sale in Greeley CO If you are searching for a special home - a custom design with high-end fixtures, finishes and appliances on a larger lot with nice views - take a look at Luxury Homes for Sale in Greeley CO. You'll find a substantial inventory with a nice selection of styles, sizes, locations and amenities to consider.  There are 102 luxury homes currently for sale in the Greeley area, ranging in price from $500,000 to $2,250,000. Another 41 luxury homes are under contract and waiting to close. The market for luxury homes continues to be a moderate buyer's market, so you'll find pricing to be attractive and competitive. Luxury homes in the Greeley area continue to sell at a moderate pace so far this year – there hav...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2016 Real Estate Market Update for Town Homes and Condos for Sale in Greeley CO Home buyers in the market for an opportunity to downsize to a more easily-managed home and attracted by low-maintenance living and amenities like an on-site swimming pool, tennis courts or an exercise facility, will want to take a look at the current inventory of Condos and Townhomes for Sale in Greeley CO.  Inventory remains relatively low - there are 29 condos and town homes available for sale in Greeley, ranging in price from a low of $205,280 to a high of $339,900, providing a limited selection of locations, sizes, amenities and price. There are another 46 condos and town homes under contract and waiting to close. Condos and town homes have sold well in Greeley so far this year - there h...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2016 Real Estate Market Update for Affordable Homes for Sale in Greeley CO If you're looking to buy your first home, are a renter tired of paying rent and want something that makes more financial sense, or are working with a limited budget, you'll want to take a close look at Affordable Homes for Sale in Greeley CO. Be aware, however, that the availability of affordable homes is very limited and there will most likely be a lot of competition from other interested buyers for these homes. Your opportunity for success will be greatly improved by having your financing in place and being willing to move rapidly when a good opportunity arises.  At the present time, there are just 16 homes for sale in Greeley priced under $225,000, starting at $87,000, providing a limited choi...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2016 Real Estate Market Report for Homes on Acreage for Sale in Greeley CO If you're looking for a bit of elbow room - a larger lot with some space between you and your neighbors, some peace and quiet, nice views, and maybe the chance to raise some horses or accommodate a 4-H project for your kids - you'll find a lot to consider by checking out the available inventory of Homes on Acreage for Sale in Greeley CO.  There are 72 acreage homes currently available for sale in the Greeley area, ranging in price from a low of $150,000 to a high of $8,000,000, offering a nice range of sizes, styles, locations and features. 22 of these homes, about a third, are identified as horse property, and may have barns, paddocks, fenced pastures and other facilities already in place. Anoth...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2016 Real Estate Market Report for Five Bedroom or Larger Homes for Sale in Greeley CO Home buyers wanting a larger home - to accommodate a multi-generational family, frequent house guests, a need for a home office or hobby space, or an expansive life style - will find some great opportunities, and most likely a good fit for their needs and budget, by browsing the current inventory of Five Bedroom Homes for Sale in Greeley CO.  Currently, there are 47 five bedroom or larger homes for sale in Greeley, priced from a low of $264,900 to a high of $1,750,000, providing a good selection of styles, locations and features. 23 of these homes, about 50%, are 1-story ranches and many of those will offer finished basements. There are an additional 47 of these homes under contract a...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2016 Real Estate Market Report for Four Bedroom Homes for Sale in Greeley CO If you're in the market for a bigger home - one that will fit the needs of a growing family, provide space for frequent house guests, or accommodate a home office or hobby space - you will find numerous options to consider by browsing the current inventory of Four Bedroom Homes for Sale in Greeley CO.  There are 53 four bedroom homes for sale on the market in Greeley, ranging in price from a low of $180,000 to a high of $1,199,900, providing a nice range of features, styles and locations. 24 of these homes, around 43%, are 1-story ranches and may offer finished basements. There are another 109 four bedroom homes under contract and waiting to close.  Four bedroom homes have been selling well so ...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2016 Real Estate Market Report for Three Bedroom Homes for Sale in Greeley CO Renters seeking the financial benefits of home ownership, those looking to downsize to a more easily managed home, or anyone with limited space requirements will find much of interest by checking out Three Bedroom Homes for Sale in Greeley CO. These homes are the most popular size of home on the market in Greeley, accounting for around a third of all homes currently for sale, offering a nice selection of features, prices and locations.  There are 56 three bedroom homes on the market in Greeley CO, priced from a low of $87,000 to a high of $673,900. 40 of these three bedroom homes, about 71%, are 1-story ranches. There are another 104 three bedroom homes under contract and waiting to close. Thr...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2016 Real Estate Market Report for Two-Bedroom Homes for Sale in Greeley CO First-time home buyers, renters tired of making their landlord's house payments, and those working with budget constraints may find a perfect fit with their needs by considering the current inventory of Two Bedroom Homes for Sale in Greeley CO. While these small homes represent only a small portion of the total Greeley housing market - accounting for only about 4% of all homes for sale - they are well worth looking at.  At the present time, there are only 8 two-bedroom homes for sale in Greeley CO, priced from a low of $109,900 to a high of $575,000. 7 of these homes are 1 story ranch-style homes. There are another 28 of these homes under contract and waiting to close. Given their small number, ...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2016 Real Estate Market Update for Greeley CO Sales: Home sales in Greeley continued their seasonal gains in May 2016, up  21.7% to 191 sales from 157 sales in April 2016, and up 22.4% from 156 sales in May 2015.  Buyer demand continues to be strong with Greeley offering the best selection of affordable housing in the region. Prices: Home prices also climbed in April 2016 - the median sales price was up 2.7% to $267K from $260K in April 2016, and the average price gained 5.9% to $287K from $271K in April 2016. The long term trend line continues to indicate that home values are increasing in response to low inventory and high demand. Inventory: Inventory finally began rising in May 2016, gaining 14.3% to 168 homes for sale, up from 147 homes in April 2016. Inventory rema...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the May 2016 Real Estate Market Update for Greeley CO Sales:Home sales in Greeley increased 6.8% in April 2016 to 157 sales from 147 sales in March 2016, but dropped 12.7% from 177 sales in April 2015.  Buyer demand remains strong and sales might have been higher with more available inventory. Prices:Home prices rose in April 2016 - the median sales price gained 4.0%, rising to $260K from $250K in March 2016, while the average price rose 3.8% to $271K from $261K in March 2016. Because these numbers represent only those specific homes that sold during the month, their greatest utility is what they add to the long term trend line, where they continue to suggest an increase in home values. Inventory:Inventory continues to decline, moving in the wrong direction. In April, it fell 1....
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