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.
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.
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