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Greeley, CO Real Estate News

By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the March 2016 Real Estate Market Update for Two-Bedroom Homes for Sale in Greeley CO If you are a first-time homebuyer, are working with a limited budget, are a renter seeking the financial benefits of owning your own home, or just have a limited need for space, you will find some interesting options by taking a look at Two Bedroom Homes for Sale in Greeley CO. These smaller homes are a limited segment of the overall Greeley housing market - amounting to only 3.5% of all homes for sale - but they are nonetheless well worth checking out and more should be coming on the market over the next several months.  Currently, there are only 8 two-bedroom homes for sale, priced from a low of $106,900 to a high of $575,000. 6 of these homes are 1 story ranch-style homes. There are an addit...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the March 2016 Real Estate Market Update for Greeley CO Sales: Home sales in Greeley have yet to show signs of a seasonal uptick - sales were up a scant 2.0% in February, to 102 sales from 100 in January 2016. However, that is still the highest February sales total for the last several years. We should start to see a seasonal increase next month. Prices: Home prices rose in February 2016, with the median sales price jumping 13.1%, up to $250K from $221K in January 2016, and average sales price rose 6.6% to $258K from $242K in January 2016. These numbers reflect only those homes that sold during the month, so they tend to vary. The long-term trend, however, gives firm evidence of a continuing increase in home values. Inventory: Inventory dropped slightly, with the number of homes...
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By RJ Baxter, 303-670-0137
(Clear Path Home Loans)
The Greeley, Colorado Reverse Mortgage can be one of the most powerful retirement planning tools available to retirees. Not only will you no longer have a mortgage payment for the rest of your life with a reverse mortgage, but studies show that retirees with a Greeley, CO Reverse Mortgage on average end up with a higher net worth upon their death.Extensive studies on the effect of today’s reverse mortgage on the financial well-being of retirees have been done in recent years. In fact, in one study by Barry and Stephen Sacks shows that while 45% of retirees without a reverse mortgage outlive their money in retirement, only 15% who have a reverse home loan outlive their money. What would it mean for you if you outlive your retirement nest egg in your 80’s or 90’s? The Colorado Reverse Mor...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the Greeley Co Real Estate Market Report for February 2016 Sales:As expected for the season, Greeley home sales declined in January, dropping to 100 homes sold, a 32% drop from the 132 homes sold in December 2015. It is worth noting that, while still a decrease, this is the highest January home sales total for the last three years. We expect sales to begin rising over the next couple of months as we move into spring. Prices:Home prices also declined in January 2016, with the median price down 12.2% to $221K from $248K in December 2015. Average price fell 7.4% to $242K from $260K in November 2015. As these numbers reflect only those specific homes that sold during the month, they will vary regularly. We place more significance on the long-term trend, which shows continued increas...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the 2015 Real Estate Market Summary for Greeley CO Sales:Greeley’s real estate market finished 2015 strongly, with home sales up 15.8% to 132 homes sold in December 2015 from 114 in November 2015. And Greeley’s annual sales were up as well over the previous two years, with 2015’s 1702 sales showing a 7.7% gain over 2014’s 1581 sales and a 24.5% gain over 2013’s 1367 sales. Prices:Home prices also rose in December 2015, with the median price up 3.8% to $248K from $239K in November 2015, and average price up 5.3% to $260K from $247K in November 2015. The trend line for end of year prices shows that the median price in 2015 was up 16.4% over 2014 and up 53.1% from 2013, while the 2015 average price was up 13.5% over 2014 and up 46.9% from 2013. Inventory:As expected for the season,...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the January 2016 Real Estate Market Report for Greeley CO Zip Code 80634 The Greeley CO 80634 zip code covers the western portions of the city, north and south of US 34. It includes a combination of older and newer neighborhoods, new subdivisions, and extensive retail and commercial development, and is the location of most of the city's recent growth.  Homes sold very well in the 80634 zip code area in 2015 - there were 1186 sales, priced from a low of $85,000 to a high of $865,000, with a median price of $249,000 and an average price of $264,901. Market performance was good, with an average days to offer of 27 and an average days on the market of 73. The sale price/list price ratio for these 1186 homes was 99.8%, indicative of high buyer demand and a strong seller's market. The...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the December 2015 Real Estate Market Report for Greeley CO Zip Code 80631 The 80631 zip code for Greeley CO consists of the northern and eastern portions of the city, including the central business district and the University of Northern Colorado. The housing stock is a mix of established older neighborhoods, some new housing development, and outlying semi-rural and rural areas.  Home sales were good in the 80631 zip code area in 2015 - there were 682 sales,  ranging in price from a low of $26,000 to a high of $2,650,000, with a median price of $178,050 and an average price of $202,315. Market performance was very good, with an average days to offer of 36 and an average days on the market of 71. The sale price/list price ratio for these 682 homes was 99.1%, a sign of strong buye...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the December 2015 Real Estate Market Report for West Point Homes for Sale in Greeley CO  Homes have sold well in West Point so far in 2015 - there were 19 sales, ranging in price from a low of $180,000 to a high of $391,520, with a median price of $297,000 and an average price of $309,570. Market performance was very good, with an average days to get an offer of 25 and an average days on the market of 56. The sale price/list price ratio for these 19 was 99.8%, indicative of a strong seller's market.      Address: Style: Sq.Ft. Bedrooms: Price: Active:               5709  W 5th St Ranch 3128 3 $329,600   5700  5th St Rd Ranch 3206 3 $350,888   607  54th Ave Ct Ranch 3394 3 $359,000   512  56th Ave 2 Story 2875 3 $359,500   528  54th Ave 2 Story 3027 4 $390,700   504  56th Ave 2 S...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the December 2015 Real Estate Market Report for Weber West Homes for Sale in Greeley CO  Home sales have been very strong in Weber West so far this - there have been 44 sales, priced from a low of $208,900 to a high of $300,000, with a median price of $229,000 and an average price of $232,852. Market performance was excellent, with an average days to get an offer of 14 and an average days on the market of 47. The sale price/list price ratio for these 44 homes was 100.4%, indicative of high buyer demand and a strong seller's market.       Address: Style: Sq.Ft. Bedrooms: Price: Active:               233  N 49th Ave Ranch 2840 3 $230,000 Pending:               300  N 50th Ave Tri-Level 2123 4 $240,000   175  N 50th Ave Pl Four-Level 2265 3 $243,500 Sold:               176  50th Av...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the December 2015 Real Estate Market Report for Saint Michaels Homes for Sale in Greeley CO  Home sales have been good in Saint Michaels so far this year - 29 homes sold, priced from a low of $256,000 to a high of $662,300, with a median price of $309,000 and an average price of $332,700. Market performance has been very good, with the average days to get an offer at 287 and average days on the market at 94 - longer than normal because of the new construction homes. The sale price/list price ratio for these 29 homes was 99.5%.      Address: Style: Sq.Ft. Bedrooms: Price: Active:               3313  66th Ave Ct Ranch 2591 3 $284,900   3206  66th Ave Ranch 3098 3 $294,000   3203  69th Ave Ranch 3000 5 $294,900   3114  68th Ave Ct 2 Story 2442 4 $309,900   3311  68th Ave Ct 2 Story...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the December 2015 Real Estate Market Report for Poudre River Ranch Homes for Sale in Greeley CO  Home sales have been good in Poudre River Ranch so far in 2015, with 23 sales, ranging in price from a low of $299,900 to a high of $650,000, with a median price of $410,880 and an average price of $430,868. Market performance was also good, with the average days to get an offer at 39, and average days on the market at 139, a bit longer than normal, but due to construction time on new homes, a substantial portion of the total. The sale price/list price ratio for these 23 homes was 100.0%.      Address: Style: Sq.Ft. Bedrooms: Price: Active:               417  78th Ranch 3188 3 $320,200   503  78th 2 Story 2920 4 $331,600   524  Deville Ranch 3171 3 $342,000   504  Sage Ranch 3474 3 $...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the December 2015 Real Estate Market Report for Nevilles Crossing Homes for Sale in Greeley CO  Nevilles Crossing is a new custom home development, and sales have been relatively slow the last couple of years, but are starting to gain some momentum. So far this year, there have been 5 homes sold, priced from a low of $369,971 to a high of $494,924, with a median price of $430,000 and an average price of $428,473. Market performance was excellent, with an average days to get an offer of 2, and average days on the market of 127, longer than normal because these homes were all new construction. The sale price/list price ratio for these 5 homes was 99.5%.      Address: Style: Sq.Ft. Bedrooms: Price: Active:               4704  Charleston Ranch 4656 3 $528,250   4612  Bush Mills Ranc...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the December 2015 Real Estate Market Report for Kelley Farm Homes for Sale in Greeley CO  Homes have sold moderately well in Kelly Farm so far in 2015 - activity levels would have been higher except for a lack of available inventory. There were 27 sales, priced from a low of $220,000 to a high of $562,500, with a median price of $324,000 and an average price of $331,679. Market performance was good, with an average days to get an offer of 45, and average days on the market of 79. The sale price/list price ratio for these 27 homes was 99.3%, a sign of strong buyer demand.       Address: Style: Sq.Ft. Bedrooms: Price: Active:               229   53rd Ave Ranch 2616 4 $249,900   5601   W 1st St Ranch 3564 3 $358,000 Pending:               301   51st Ave Ranch 2554 4 $249,900   323 ...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the December 2015 Real Estate Market Report for Hunters Cove Homes for Sale in Greeley CO     Home sales maintained a slow pace in Hunters Cove throughout 2015 - a lack of available inventory was the primary cause, since buyer interest was strong for this attractive neighborhood. So far this year, there have been only 9 home sales, priced from a low of $235,000 to a high of $390,000, with a median price of $284,000 and an average price of $304,867. Market performance was excellent, with the average days to get an offer at 16, and average days on the market at 52. The sale price/list price ratio for these 9 homes 100.1%, indicative of strong buyer demand and a seller's market.      Address: Style: Sq.Ft. Bedrooms: Price: Active:               174   N 59th Ave Ct 2 Story 3239 4 $...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the December 2015 Real Estate Market report for Country Club West Homes for Sale Greeley CO     Homes have sold well in Country Club West so far in 2015, with 35 sales, priced from a low of $219,000 to a high of $405,000, with a median price of $268,950 and an average price of $275,845. Market performance was very good - the average days to get an offer was 23 days, and the average days on market was 58 days. The sale price/list price ratio for these 35 homes was 99.0%.      Address: Style: Sq.Ft. Bedrooms: Price: Active:               1237   51st Ave Ct 2 Story 2450 3 $269,000   1261   50th Ave 2 Story 4325 5 $399,000   1221   53rd Ave 2 Story 4528 4 $445,000 Pending:               1275   51st Ave Ranch 3346 4 $339,900   1258   49th Ave 2 Story 4200 4 $355,000 Sold:           ...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the December 2015 Real Estate Market Trends Report for Greeley CO Sales:Greeley’s real estate market has now begun its seasonal slowdown. Home sales were down 45.6% in November 2015 to 114 sold, from 166 in October 2015, and down 14.0% from 130 sold in November 2014. The market should continue at a slower pace for the next several months as holiday activities and winter weather show their impact.  Prices:Home prices increased in November 2015, with the median price up 1.3% to $239K from $236K in October 2015. The average price also rose, up 3.3% to $247K from $239K in October 2015. These numbers are for just those homes sold in October and November, but  the long term trend continues to suggest increases in home values.   Inventory:Inventory has declined, with the number of home...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the December 2015 Real Estate Market Report for New Homes for Sale in Greeley CO If you are in the market for a brand new home, one that has never before been lived in, with the newest design and energy efficiency concepts, and the ability to choose your own finishes and options, you'll find a lot of great possibilities to consider by browsing the current inventory of New Homes for Sale in Greeley CO.  There is an excellent supply of new homes for sale in Greeley and the surrounding area, with 259 currently on the market, priced from a low of $169,900 to a high of $885,000, providing a nice range of choice in locations, sizes and styles. Of these 254 homes, 66 are finished and ready to close, 70 are under construction, and 123 are yet to be built. The last two categories will of...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the November 2015 Real Estate Market Report for Luxury Homes for Sale in Greeley CO If you have been thinking about the purchase of a special home with a unique custom design, high-end finishes and fixtures and a large lot with views, check out Luxury Homes for Sale in Greeley CO - you may very well find the home you've been dreaming of.  The Greeley area offers a very nice range of luxury homes (defined here as costing over $500k) - there are 98 luxury homes currently on the market, ranging in price from $500,000 to $2,349,000, providing a good selection of styles, sizes, locations and amenities. There are another 30 luxury homes under contract and waiting to close. The market for luxury homes continues to be a moderate buyer's market, so homes are likely to be attractively pri...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the December 2015 Real Estate Market Report for Town Homes and Condos for Sale in Greeley CO Home buyers attracted by the concept of low-maintenance living, or are looking to downsize to a easier-to-manage home, or want the convenience of an on-site swimming pool, tennis courts or an exercise facility, will want to take a close look at the current inventory of Condos and Town homes for Sale in Greeley CO.  Inventory is low, but there is still a good chance of finding a home that is a good fit - there are 26 condos and town homes currently for sale in Greeley, ranging in price from a low of $94,500 to a high of $369,900, providing a small but interesting range of locations, sizes, amenities and prices. There are an additional 48 condos and town homes under contract and waiting to...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the December 2015 Real Estate Market Report for Affordable Homes for Sale in Greeley CO If you're working with a limited budget, are a first-time home buyer, or are a renter who wants to enjoy the financial benefits of home ownership, you will want to take a close look at Affordable Homes for Sale in Greeley CO.  You need to be aware, however, that the affordable home market has limited inventory and a lot of interested buyers, so there is always a lot of competition for these homes. Your chances for a successful purchase can be greatly enhanced by having your financing in place and being prepared to make a quick decision when the right home comes along.  There are currently only 42 homes for sale in Greeley priced under $225,000, starting at $62,000 and offering a limited selec...
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