September 2011 Real Estate Market Report - Weld County CO

Here is the real estate market report for Weld County CO for September 2011 (including Greeley, Windsor and Johnstown):

September Property Sales were 287, up 13.9% from 252 in September of 2010 and 0.3% lower than the 288 sales last month. September 2011 sales were at a mid level compared to September of 2010 and 2009. September year-to-date sales of 2,565 are running 0.6% ahead of last year's year-to-date sales of 2,549.

The Median Sales Price in September was $167,500, down 1.2% from $169,450 in September of 2010 and down 1.6% from $170,200 last month. The Average Sales Price in September was $190,548, up 3.8% from $183,657 in September of 2010 and down 4.2% from $198,801 last month. The September 2011 Average Sales Price was at the highest level compared to September of 2010 and 2009.

The Total Inventory of Properties available for sale as of September was 1,618, up 5.5% from 1,534 last month and down 17.4% from 1,959 in September of last year. September 2011 Inventory was at its lowest level compared with September of 2010 and 2009. The Average Days On Market for September was 75, down 1.3% from 76 days last month and down 13.8% from 87 days in September of last year. The September 2011 Average Days On Market was at a mid level compared with September of 2010 and 2009.

The levels of real estate activity in Weld County CO have shown signs of modest improvement - sales are up over last year's figures, and average sales price has also increased somewhat. However, the market is still moving at a relatively slow pace. This is good news for ready buyers - inventories are good, providing a substantial supply of very nice homes at attractive prices. And, of course, interest rates are at historic low levels.

If you'd like like to take a look at the current inventories of homes for sale, Search Real Estate Listings for the Weld County CO communities. And if you find something that is appealing, please give us a call - we can show you any of these fine homes at your convenience.

Mary & Dick Greenberg Elevations Real Estate LLC 106 East Oak St. Fort Collins, CO 80524 970-689-4663 www.maryanddick.com