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Loveland CO New Homes - August 2014 Market Report

By
Real Estate Broker/Owner with New Paradigm Partners LLC EB #1326335

This is the August 2014 Market Report for
Loveland CO New Homes for Sale

 

Buyers who are attracted to the idea of a brand new home, never before lived in, with up-to-date features and finishes and the ability to add some custom touches, will want to check out the Current Inventory of new homes for sale in Loveland CO.

 

New Homes for Sale Loveland CO August 2014

 

There is a lot of new home construction underway right now in Loveland and there is plenty of existing inventory - there are currently 161 new homes for sale, ranging from a low of $247,900 to a high of $850,000. Of these, 40 are complete and ready to go, 91 are under construction, and 30 are to be built, with the last two categories providing opportunities to choose finishes, upgrades and features.

 

Sales of new homes have been strong thus far in 2014 – there have been 190 homes sold, with prices ranging from a low of $186,550 to a high of $735,000, with a median price of $335,841, and an average price of $377,829. Average days to get an offer for the homes that sold has been 86 days, with an average days on the market of 156. These 190 homes sold for an average of 102.6% of listing price. Note that in new homes, it is common for the sale price/list price ratio to exceed 100%, because of added upgrades and extras, and for the time on market to be longer than usual, because of construction time.

 

With constant change in the inventory of new homes, if you would like to follow what's happening, we can help - give us a call and we'll set up an on-going search especially for you, with your own customized web site - you'll be notified as soon as new listings are posted. And if you see something worth a closer look, please give us a call – we’d love to set up a showing for you at your convenience.

Posted by
Mary & Dick

Mary & Dick Greenberg
New Paradigm Partners LLC
2601 S. Lemay Ave. #41
Fort Collins, CO 80525
970-689-4663
www.maryanddick.com

 

Data Source: IRES MLS

Comments (10)

Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Thanks for the report Dick.  Market reports are important to the consumers and agents alike.

Aug 19, 2014 12:32 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Dick and Mary,  Great report as always from you for people in the Loveland area.  Have a great day!

Aug 19, 2014 12:48 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Well done LOveland Colorado new homes report Dick. You provide your clients a wonderful service and the detail of your work really shows.

Aug 19, 2014 01:40 AM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

It's always fun to be the first to dent the wood floors, put a scratch on the wall, etc. Lol. Seriously, new homes are built to be energy efficient, they can actually provide cost savings. You'd be the duo to guide buyers as to the best options for them in Loveland, Colorado. 

Aug 19, 2014 02:17 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Dick,

Debb said is to beautifully, so I am going to second it.   Happy Tuesday, A

Aug 19, 2014 03:21 AM
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Elite, Will, Noah, Debb and Alexandra - Thanks for taking the time to comment on my new home market report for Loveland. With our generally low inventory, the new home builders are having a great year.

Aug 19, 2014 07:44 AM
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Wow that's a lot of new construction in Loveland.  Great news for those folks who want brand new!

Aug 19, 2014 09:09 AM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Another great report, we sure have a shortage of new homes in my area. I met with a builder yesterday to go over some proposed projects and the price of land has skyrocketed in the last 2 years

Aug 19, 2014 11:49 PM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Dick -- it's fortunate for Loveland home buyers to have a choice of a new home and extra lucky to have access to your knowledge of the Northern Colorado real estate market.  

Aug 20, 2014 01:34 AM
Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

Dick, I would think that having a booming new home market would be a great indicator of demand for housing.   I hope that builders and buyers know that New Paradigm Partners are a great resource for getting deals done!

Aug 20, 2014 08:06 AM