This is the September 2016 Real Estate Market Update for
New Homes for Sale in Greeley CO
There is a lot going on in the Greeley CO area with new home construction. New home builders have been very active, and are offering a large selection of homes in a variety of sizes, styles, locations and prices. These homes feature the latest concepts in home design and energy efficiency, along with the possibility of selecting finishes, upgrades and options. Interested buyers will want to check out the current availability of New Homes for Sale in Greeley CO.
There are 239 new homes on the market at the present time, priced from a low of $250,500 to a high of $1,300,000. Of these 239 homes, 56 are finished and ready for occupancy, 117 are under construction, and 66 are yet to be built. The last two of these categories offer the best opportunities for choosing options and upgrades. There are another 239 new homes under contract and waiting to close.
Sales of new homes have been strong in the Greeley area so far in 2016 – there have been 652 sales, with prices ranging from a low of $185,900 to a high of $858,000, with a median price of $300,476, and an average price of $323,415. Average days to get an offer for the homes that sold has been 49 days, with an average days on the market of 112. The sale price/list price ratio for these 652 homes was 100.3% of listing price.
Note: In new construction sales, homes typically sell above list price because options and upgrades are common additional charges. Similarly, new construction requires more time, so the days on market will be longer than for resale homes.
The inventory of new homes is constantly changing, so if you would like to track what's happening, we can help - 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 when you see something you would like to see in person, please give us a call – we’d love to schedule a showing for you at your convenience.
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