Here is the Greeley CO April 2012 Real Estate Market Report:
March Property sales were 91, down -11.7% from 103 in March of 2011 and 19.7% higher than the 76 sales last month. March 2012 sales were at their lowest level compared to March of 2011 and 2010. March year-to-date sales of 232 are running 2.2% ahead of last year's year-to-date sales of 227.
The Median Sales Price in March was $138,000, up 4.5% from $132,000 in March of 2011 and up 7.0% from $128,950 last month. The Average Sales Price in March was $149,699, up 2.3% from $146,325 in March of 2011 and up 1.7% from $147,191 last month. The March 2012 Average Sales Price was at highest level compared to March of 2011 and 2010.
The Total Inventory of Properties available for sale as of March was 401, up 15.9% from 346 last month and down -26.2% from 543 in March of last year. March 2012 Inventory was at the lowest level compared to March of 2011 and 2010. The Average Days On Market for March was 81, up 17.4% from 69 days last month and down -17.3% from 98 days in March of last year. The March 2012 Average Days On Market was at a mid range compared with March of 2011 and 2010.
The Greeley CO April 2012 Real Estate Market Report shows continuing signs of improvement - price and sales data both show increases over the previous month. And inventories also are increasing, as we moves into more active market times. We're seeing what might be the beginning of a slow recovery, along with seasonal effects. And the real estate market in Greeley CO is still offering very attractive pricing, great interest rates and some excellent opportunities.
If you're curious about the homes currently on the market in Greeley CO and would like to take a closer look, just Search Real Estate Listings. We'd be pleased to show you any of these homes - just give us a call and we'll set up some showings at your convenience.