Greeley, CO Real Estate News

By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2013 Market Segment Report for Greeley CO Four Bedroom Homes Four bedroom homes meet a wide variety of buyer requirements, providing enough room for a growing family, guest accommodations or space for hobbies and crafts, and usually are available in a broad range of sizes, styles and locations, with prices to meet many needs. If you're interested in four bedroom homes, check out the Current Inventory for one that is just right for you. Greeley CO has a substantial supply of four bedroom homes for sale, with 164 currently for sale, ranging in price from $80,000 to $850,000. 91 of these homes, 55.5%, are 1-story ranches and many will have finished basements. There ought to be something to fit almost everyone's needs, tastes and budget. The four bedroom segment of the Gree...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2013 Market Segment Report for Greeley CO Three Bedroom Homes There are more three bedroom homes in Greeley than any other size, and they are attractive to first-time home buyers, those downsizing to smaller, more easily-managed properties, and also to empty-nesters. If this size home might meet your needs, you'll want to take a look at Greeley's Available Inventory of three bedroom homes. Greeley has a nice inventory of three bedroom homes, with 186 currently offered for sale, ranging in price from $47,470 to $555,000. 117 of these homes, or 62.9%, are 1-story ranches. With this range of choice, there ought to be something to fit everyone's needs, tastes and budget. Three bedroom homes have sold well so far in 2013 – there were 205 sales, ranging from a low of $23,000 ...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the May 2013 Market Report for Greeley CO Greeley CO home sales rose in May, to 138, up 16.9% from 118 sales in May, 2012 and up 20% from 115 sales last month. This appears to be a good start to the more active spring/summer season, indicating an on-going recovery in buyer demand. The upward trend in prices for the Greeley real estate market is continuing, with Median Price rising to $181,000, up 4.6% from $173,000 in April, 2013. Average price also rose in May, to $199,000, up 5.3% from $189,000 in April, 2013. Prices have been trending consistently upward and are now at their highest level for the last three years. While Inventory levels have consistently risen for the last year - up to 465 homes in May, 2013, a gain of 9.9% over the last month - they are still at less than op...
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By Chris Hardy, Northern Colorado Real Estate
(Elevations Real Estate, LLC www.BuyFortCollinsHomes.com)
Greeley Colorado Homes For Sale May 2013 Market Update As we've seen in all other segments of the Northern Colorado Real Estate Market, the Greeley/Evans area has seen precipitous drops in overall housing inventory (aka 'houses actively for sale').  As the chart below illustrates, since 2010, the Greeley/Evans area has gone from more than 700 homes for sale in the month of April, 2010 to just over 400 in the same month of 2013.  This tightening of inventory combined with a substantial uptick in consumer demand (aka 'buyers') has led to quite a hot market this Spring!  Buyers Competing With Each Other Instead of Sellers Another shift in market dynamics is where competition is coming from.   Qualified buyers are competing with one another for the comparatively few homes available as oppos...
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By RJ Baxter, 303-670-0137
(Fairway Independent Mortgage Corporation)
Colorado residents can now get 100% financing with Colorado USDA loans. Colorado Home Buyers, USDA is a great mortgage for your home buying needs. The USDA loan program is targeted for "rural housing" but in reality it can also be for very close by areas to the city and small towns under 20,000 people. Please see below for qualifications: - 100% Financing Available - Small Monthly Mortgage Insurance (.30% of loan amount per year) - Interest Rates are still very competitive compared to Conventional and FHA The two largest features of Colorado USDA loans is the fact it is a true long term fixed rate financing on a 100% down loan and that there is low MI (mortgage insurance).  Compared  to FHA and Conventional you can see substantial savings! Below are some features for qualifying for a US...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
Market Trends Report Greeley CO April 2010 - April 2013 115 homes sold in April, 2013, up 27.8% from 90 sales in April 2012, and up 15% from 100 in March, 2013, continuing a more promising start to the spring/summer season, and hope that 2013 will see more signs of a housing market recovery for Greeley.   Prices continue to move upward, with Median Price rising 1.7% to $173,000 and Average Price rising 4.4% to $189,000 in April 2013, continuing the general trend of the last several years. These numbers reflect sales of specific homes in a given month, and do not, of themselves, indicate a general rise in home values.   Inventory levels remain lower than optimal, but continue to rise, growing 6.3% in April 2013 to 423 homes. Low inventory may result in an imbalanced market, with demand o...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the market report for West Point Greeley CO Real Estate for April 2013: 6 homes have sold in West Point so far in 2013, priced from a low of $210,000 to a high of $260,000, with a median price of $242,500 and an average price of $239,483. Market performance has improved over last year, with an average days to get an offer of 43 and average days on the market of 68. Home values remain stable, with the list price/sale price ratio at 98.8%.       Address: Style: Sq.Ft. Bedrooms: Price: Active:               508  57th Ave Ranch 3200 3 $249,900   5404  W 6th St 2 Story 3118 3 $299,000   5719  W 5th St Rd Ranch 3370 4 $328,500   642  54th Ave Ct Ranch 4350 5 $449,900   647  54th Ave 2 Story 7132 7 $999,000 Pending:               5118  W 9th St Ranch 3520 5 $210,000   5110  W 6th St Rd...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the market report for Saint Michaels Greeley CO Homes for April 2013: 5 homes have sold in Saint Michaels thus far in 2013, ranging from a low of $214,000 to a high of $507,500, with a median price of $262,500 and an average price of $295,628. The average days to get an offer was 62 and average days on the market was 98. The list price/sale price ratio for these 11 homes was 101.9%, a result of a multiple offer situation on one home - A HUD foreclosure - and a new construction home with upgrades added to the list price.       Address: Style: Sq.Ft. Bedrooms: Price: Active:               3213  67th Ave Ranch 2548 3 $193,900   3310  66th Ave Ct Ranch 2918 5 $225,000 Pending:               6618  33rd St Rd Ranch 2804 3 $205,000 Sold:               6707  34th St Ranch 2844 3 $214,00...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
Here is the market report for Weber West Greeley CO Homes for April 2013: 8 homes have sold so far in Weber West during 2013, priced from a low of $115,000 to a high of $215,000, with a median price of $174,200 and an average price of $177,250. Market performance was good, with an average days to get an offer of 61 and average days on the market of 98, and the list price/sale price ratio at 100.7%, reflective of upward price pressure from very low inventory levels.       Address: Style: Sq.Ft. Bedrooms: Price:               Pending: 153  48th Ave Ranch 2072 4 $115,000   123  N 50th Ave Ct Four-Level 2230 5 $146,000   109  N 49th Ave Ct 2 Story 1686 3 $174,900   236  N 48th Ave Ct Ranch 2740 4 $179,900   144  50th Ave Ranch 2814 4 $204,500   202  N 48th Ave Ranch 3694 6 $215,000 Sold:   ...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the market report for Poudre River Ranch Greeley CO Real Estate for April 2013: So far in 2013, only 2 homes have sold in Poudre River Ranch, priced at $515,000 and $545,000. For these 2 homes, the average days to get an offer was 140 and average days on the market was 169, with the list price/sale price ratio at 98.7%.       Address: Style: Sq.Ft. Bedrooms: Price: Active:               417  78th Ranch 3188 3 $257,900   418  Double Tree Ranch 2716 2 $263,200   0  TBD 78th Ranch 3474 3 $267,900   424  Deville Ranch 2634 2 $268,000   414  Double Tree Ranch 3147 3 $284,900   420  78th Ranch 3758 3 $286,200   8119  Surrey Ranch 3380 2 $286,500   413  78th Ranch 3188 3 $289,330   521  Sage Ranch 3470 4 $339,000   435  Double Tree Ranch 3036 3 $349,900   7404  Poudre River 2 Story 360...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
Here is the market report for Nevilles Crossing Greeley CO Houses for Sale for April 2013: Real estate activity is continuing at last year's very slow pace for Nevilles Crossing. So far in 2013, only 1 home has sold, at a price of $362,000, which was 97.9% of asking price. It took 86 days to get an offer on this home with a total of 115 days on the market.       Address: Style: Sq.Ft. Bedrooms: Price: Active:               4906  Dry Creek Ranch 5472 6 $699,999 Sold:               5211  Dry Creek Ranch 3964 5 $362,000   There is only 1 home currently offered for sale, priced at $699,999. We expect that increased activity in this attractive neighborhood will follow the overall improvement of the housing market, as the recovery reaches farther into higher price points. Hopefully, that will...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the real estate market report for Kelley Farm Greeley CO for April 2013: Only 4 homes have sold so far in 2013 in Kelly Farm, ranging in price from $207,000 to $395,000, with a median price of $286,250 and an average price of $293,625. Market performance was slow, with average days to get an offer at 131, and average days on the market at 177. These 4 homes sold for 95.6% of list price.       Address: Style: Sq.Ft. Bedrooms: Price: Active:               216  52nd Ave Ranch 2853 3 $209,900   218  53rd Ave Ranch 2612 3 $219,900   5514  W 1st St 2 Story 3081 4 $269,900   106  N 51st Ave 2 Story 4205 4 $359,900   223  N 51st Ave Ranch 3828 5 $365,000   117  51st Ave 2 Story 3395 5 $369,900 Pending:               320  51st Ave Ranch 2302 3 $174,900   243  53rd Ave Ct Ranch 2208 5 $19...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the market report for Hunters Cove Greeley CO Real Estate for April 2013: 2013 continues to be a slow year for Hunters Cove. Only 2 homes have sold so far, priced at $209,900 and $520,000. Average days to get an offer was 15, and average days on the market was 57 days. These 2 homes sold for an average of 95.4% of list price.       Address: Style: Sq.Ft. Bedrooms: Price: Active:               6053  W A St 2 Story 3086 4 $249,500   284  60th Ave Ranch 3704 5 $289,000   117  Hunters Cove 2 Story 3914 5 $520,000 Pending:               6224  3rd St 2 Story 2937 5 $259,900   303  63rd Ave Ranch 4417 5 $295,000   14748  County Road 7 2 Story 2940 4 $435,000 Sold:               238  W 61st Ave 2 Story 2792 4 $209,900   260  Hunters Cove 2 Story 3480 4 $520,000   There are only 3 homes ...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
Here is the real estate market report for Country Club West Greeley CO Realty for April 2013: 7 homes have sold so far in 2013 in Country Club West, ranging in price from a low of $148,500 to a high of $310,000, with a median price of $220,000, and an average price of $217,357. For these 7 homes, it took an average of 24 days to get an offer, average days on market was 41 days, and the list price/sale price ratio was 97.9%.       Address: Style: Sq.Ft. Bedrooms: Price: Active:               1351  52nd Ave Ct 2 Story 3014 5 $245,000   1302  51st Ave 2 Story 3042 5 $255,000   1146  52nd Ave Ct 2 Story 3148 5 $274,900   1306  50th Ave 2 Story 3922 4 $275,000   1285  49th Ave 2 Story 3770 4 $279,900 Pending:               1320  51st Ave 2 Story 3037 4 $224,900   1215  W 51st Ave Ct Ranch 32...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the Market Trends Report for Greeley CO for February 2010 - February 2013 100 homes sold in March, 2013, up 3.1% from 97 sales in February 2012, and up 31.6% from 76 in February, 2013. March sales have traditionally been the start of a more active spring season, and this number is consistent with March sales numbers from previous years.   Prices are moving upward again, with Median Price rising 9.7% to $170,000 and Average Price rising 9.0% to $181,000, continuing the general trend of the last several years. However, note that these numbers reflect sales of specific homes in a given month, and do not, of themselves, indicate a general rise in home values.   Inventory rose to 398 homes, an increase of 5.2% from February 2013. But inventory levels remain below optimal, as evidence...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the Market Trends Report for Greeley CO for February 2010 - February 2013 76 homes sold in February 2013, down 9.6% from 84 sales in February 2012, and down 1.3% from January, 2013. At this time of year, the market is generally slow, and these numbers most likely don’t reflect much beyond that, and show performance levels a bit lower than last year.   Prices moved downward last month, with Median Price falling 8.8% to $155,000 and Average Price down 10.8% to $166,000 from January 2013 levels. These numbers are merely reflective of specific homes sold in a given month, but it is worth noting that they remain at higher levels than the previous two years.   Inventory increased only slightly, up 0.5% from January 2013. Inventory levels remain a concern, persisting a the lowest level...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the February 2013 Market Segment Report for New Houses in Greeley CO. After several years of low activity, new home construction is becoming a more active segment of the Greeley CO real estate market. If something brand new and never lived in, with the latest features and design elements, and the ability to choose your own finishes sounds appealing, you'll want to take a look at the current inventory of new homes. Within Greeley CO and the surrounding area there is a large inventory of new homes, with 349 listings currently on the market, priced from a low of $124,900 to a high of $1,495,000. There is a wide variety of choice available in location, size and style, and many of these homes are yet to be built, offering great flexibility to buyers in choosing options and finishes. ...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
Here is the February 2013 Market Segment Report for Greeley CO Luxury Real Estate. The market for luxury homes in Greeley CO is very favorable for buyers looking for larger homes and lots, high-end finishes and quality features, and unique design elements. Prices are attractive, interest rates are at historic lows and there is a large inventory to choose from. If you're curious about the area's luxury homes, take a look at what's currently available. In Greeley CO and the smaller communities in the area, there are 111 listings on the market at this time, ranging in price from $500,000 to $3,999,500, and providing substantial choice in location, size, style and amenities. Luxury home sales in the Greeley CO area are off to a slow start – there have been just 4 sales so far this year, wit...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
Here is the February 2013 Market Segment Report for Townhomes and Condos for Sale in Greeley CO. First time home buyers, those interested in low maintenance living, downsizing to a more manageable home, seeking a convenient location with amenities such as a pool or exercise facilities, or even looking for a second home will want to take a look at the current inventory of townhomes and condos in Greeley, CO. Presently, there are 60 condos, townhomes and 1/2 duplexes available for sale, ranging from a low of $70,900 to a high of $245,000, with good choices in size, location, style and amenities. The majority of these homes are priced between $100,000 to $200,000. The condo and townhome market is performing well. So far in 2013, there have been 15 sales of townhomes, condos and 1/2 duplexe...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the February 2013 Market Segment Report for Affordable Housing in Greeley CO. If you're just starting down the path of home ownership as a first-time home buyer, and working with a limited budget, you will be pleased with the range of affordable, nice homes available in Greeley CO. Take a look at the available inventory to see if there is something that fits your needs, taste and budget. Greeley CO currently offers the largest inventory of affordable housing in northern Colorado, with 203 homes for sale priced under $200,000, starting at a low of $46,900. There is a wide selection of choice in location, condition, size and style, and new listings are constantly coming on the market. This segment of the Greeley CO real estate market is off to a strong start for 2012 – there have ...
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