April 2016 Market Report - Greeley CO
By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the April 2016 Real Estate Market Report for Greeley CO Sales:Home sales in Greeley rose sharply in March 2016 to 147 sales, up 44.1% from 102 sales in February 2016, and up 1.7% from 145 sales in March 2015. We’re expecting to see continued strong demand from buyers throughout the spring and summer seasons. Prices:Home prices were essentially unchanged in March 2016 - the median sales price held steady at $250K from February, while the average price rose a scant 1.2% to $261K from $258K in February 2016. Representing only those homes that sold during the month, these numbers have little significance on their own, but as part of a long term trend line, they still suggest a continuing increase in home values. Inventory:Inventory dropped again in March, down 7.3% to 149 homes on ...
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