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BUYERS & SELLERS !! Regional Snapshot 2010 for the LOVELAND/BERTHOUD, CO area

By
Real Estate Agent with ERA Herman Group Real Estate-NoCo

Loveland / Berthoud CO area real estate is standing its ground during this uncertain economic time. If you are looking to sell your home and considering moving to this area, we would love to help you achieve that goal.

Regional Snapshot 2010 - Loveland/Berthoud Residential Detached  
LOVELAND/BERTHOUD RES Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10  
Active Listing Snapshot 941 1042 1099 1126 1117 1101  
   Previous Year Active 970 1010 1099 1069 1080 1095  
   % Difference Previous Yr -3.0% 3.2% 0.0% 5.3% 3.4% 0.5%  
# of Sold Listings 57 80 126 138 158 169  
Median Sales Price $195,000 $192,500 $234,500 $199,900 $214,500 $234,000  
   Previous Year Median $236,000 $195,000 $220,000 $183,500 $198,000 $207,500  
   % Difference Previous Yr -17.4% -1.3% 6.6% 8.9% 8.3% 12.8%  
Average Days on Market (ADOM) 133 125 123 105 117 132  
YTD ADOM 133 128 126 119 118 121  
   Previous Year ADOM 109 127 123 127 125 121  
   % Difference Previous Yr 22.0% 0.8% 2.4% -6.3% -5.6% 0.0%  
YTD # of Listings Sold 57 137 263 401 559 728  
   Previous Year # Sold 56 143 231 334 440 579  
   % Difference Previous Yr 1.8% -4.2% 13.9% 20.1% 27.0% 25.7%  
Monthly $ Volume $13,173,437 $19,241,626 $34,334,746 $34,199,536 $39,407,269 $47,395,158  
   Previous Year Monthly $ Volume $14,957,944 $21,741,273 $22,712,094 $23,882,898 $24,919,043 $34,313,560  
   % Difference Previous Yr -11.9% -11.5% 51.2% 43.2% 58.1% 38.1%  
YTD $ Volume $13,173,437 $32,415,063 $66,749,809 $100,949,345 $140,356,614 $187,751,772  
   Previous Year YTD $ Volume $14,957,944 $36,699,217 $59,411,311 $83,294,209 $108,213,252 $142,526,812  
   % Difference Previous Yr -11.9% -11.7% 12.4% 21.2% 29.7% 31.7%  
               
LOVELAND/BERTHOUD RES (cont'd) Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 YTD
Active Listing Snapshot 1092 1054          
   Previous Year Active 1086 1074 1031 974 882 842 6154
   % Difference Previous Yr 0.6% -1.9% -100.0% -100.0% -100.0% -100.0% -100.0%
# of Sold Listings 111 102          
Median Sales Price $238,000 $192,000          
   Previous Year Median $208,000 $222,500 $187,500 $201,500 $194,900 $245,000 $205,000
   % Difference Previous Yr 14.4% -13.7% -100.0% -100.0% -100.0% -100.0% -100.0%
Average Days on Market (ADOM) 130 113          
YTD ADOM 122 121          
   Previous Year ADOM 125 125 126 127 127 128 128
   % Difference Previous Yr -2.4% -3.2% -100.0% -100.0% -100.0% -100.0% -100.0%
YTD # of Listings Sold 839 941          
   Previous Year # Sold 760 887 984 1110 1205 1297 1297
   % Difference Previous Yr 10.4% 6.1% -100.0% -100.0% -100.0% -100.0% -100.0%
Monthly $ Volume $32,486,983 $25,128,272          
   Previous Year Monthly $ Volume $44,166,425 $32,956,535 $22,669,842 $32,560,029 $22,476,776 $26,273,366 $323,629,785
   % Difference Previous Yr -26.4% -23.8% -100.0% -100.0% -100.0% -100.0% -100.0%
YTD $ Volume $220,238,755 $245,367,027          
   Previous Year YTD $ Volume $186,693,237 $219,649,772 $242,319,614 $274,879,643 $297,356,419 $323,629,785 $323,629,785
   % Difference Previous Yr 18.0% 11.7% -100.0% -100.0% -100.0% -100.0% -100.0%
Statistics refer to the Loveland/Berthoud area (IRES Area 8), single family, detached properties and excludes mobile homes and timeshares.  ADOM refers to Average Days on Market, which is calculated from the list date to the "Pending" or "Under Contract" 
Regional Snapshot 2010 - Loveland/Berthoud Attached Dwelling  
LOVELAND/BERTHOUD ATD DWELL Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10  
Active Listing Snapshot 115 133 125 139 130 115  
   Previous Year Active 84 96 115 124 118 119  
   % Difference Previous Yr 36.9% 38.5% 8.7% 12.1% 10.2% -3.4%  
# of Sold Listings 8 12 16 15 20 17  
Median Sales Price $129,500 $146,900 $150,000 $147,000 $154,000 $152,000  
   Previous Year Median $65,000 $140,000 $125,000 $150,000 $143,500 $151,000  
   % Difference Previous Yr 99.2% 4.9% 20.0% -2.0% 7.3% 0.7%  
Average Days on Market (ADOM) 91 107 108 121 88 118  
YTD ADOM 91 97 102 107 102 105  
   Previous Year ADOM 88 113 99 106 108 117  
   % Difference Previous Yr 3.4% -14.2% 3.0% 0.9% -5.6% -10.3%  
YTD # of Listings Sold 8 20 36 51 71 88  
   Previous Year # Sold 2 12 20 37 52 68  
   % Difference Previous Yr 300.0% 66.7% 80.0% 37.8% 36.5% 29.4%  
Monthly $ Volume $1,103,400 $1,868,700 $2,475,100 $2,202,935 $3,474,824 $2,922,127  
   Previous Year Monthly $ Volume $233,000 $1,455,050 $1,130,656 $2,522,755 $2,156,524 $2,634,125  
   % Difference Previous Yr 373.6% 28.4% 118.9% -12.7% 61.1% 10.9%  
YTD $ Volume $1,103,400 $2,972,100 $5,447,200 $7,650,135 $11,124,959 $14,047,086  
   Previous Year YTD $ Volume $233,000 $1,688,050 $2,818,706 $5,341,461 $7,497,985 $10,132,110  
   % Difference Previous Yr 373.6% 76.1% 93.3% 43.2% 48.4% 38.6%  
               
LOVE/BERTH ATD DWELL (cont'd) Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 YTD
Active Listing Snapshot 126 124          
   Previous Year Active 128 118 110 102 101 100 1315
   % Difference Previous Yr -1.6% 5.1% -100.0% -100.0% -100.0% -100.0% -100.0%
# of Sold Listings 11 14          
Median Sales Price $159,500 $162,000          
   Previous Year Median $162,000 $141,850 $135,000 $158,000 $145,000 $143,500 $150,000
   % Difference Previous Yr -1.5% 14.2% -100.0% -100.0% -100.0% -100.0% -100.0%
Average Days on Market (ADOM) 124 117          
YTD ADOM 107 108          
   Previous Year ADOM 116 113 106 113 112 113 113
   % Difference Previous Yr -7.8% -4.4% -100.0% -100.0% -100.0% -100.0% -100.0%
YTD # of Listings Sold 99 113          
   Previous Year # Sold 82 98 115 138 151 164 164
   % Difference Previous Yr 20.7% 15.3% -100.0% -100.0% -100.0% -100.0% -100.0%
Monthly $ Volume $2,007,200 $2,784,821          
   Previous Year Monthly $ Volume $2,416,000 $2,438,544 $2,552,369 $4,223,700 $1,860,568 $2,139,580 $25,762,871
   % Difference Previous Yr -16.9% 14.2% -100.0% -100.0% -100.0% -100.0% -100.0%
YTD $ Volume $16,054,286 $18,839,107          
   Previous Year YTD $ Volume $12,548,110 $14,986,654 $17,539,023 $21,762,723 $23,623,291 $25,762,871 $25,762,871
   % Difference Previous Yr 27.9% 25.7% -100.0% -100.0% -100.0% -100.0% -100.0%
Statistics refer to the Loveland/Berthoud area (IRES Area 8), attached dwelling properties and excludes mobile homes and timeshares.  ADOM refers to Average Days on Market, which is calculated from the list date to the "Pending" or "Under Contract" date.

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Comments (3)

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Sherilyn, looks like North of us, homes are on the market a tad longer and inventories are increasing, same as down here!    Great info!

Oct 05, 2010 01:01 PM
Sherilyn M. Whistler
ERA Herman Group Real Estate-NoCo - Loveland, CO
Need a Referral, Call Me !

Thank you Joan.. I am learning how this site works... Still can't figure out the tagging... Yes homes are on the market longer ! I know Aurora can barely keep them listed

 

Oct 05, 2010 01:26 PM
Nathan Strauch
Hot Shots Digital (HotShotPros.com) - Denver, CO
Colorado Real Estate Photography & Video

Thanks Sherilyn for the great information.  It seems that this thing has really started to turn around everywhere, and it's great that we are holding our ground up here. 

Oct 08, 2010 03:11 AM