Loveland CO Real Estate Market Trends - December 2015
By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the December 2015 Real Estate Market Trends Report for Loveland CO Sales:Loveland finally started showing signs of a seasonal slowdown in November, pretty much as previous year’s data suggested that it would - home sales dropped 46.7% to 135 sold from 198 in October 2015, but were up 6.3% from 127 sold in November 2014. We should see slower activity for the next several months. Prices:Prices were mixed in November 2015 - the median price dropped 4.0% to $301K from $313K in October 2015, but average price rose 2.9% to $357K from $347K in October 2015. These numbers are just for the homes that sold in October and November, but they do contribute to a long-term trend line that indicates continuing positive growth in home values. Inventory:Inventory, as expected, has begun to shri...
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