This is the December 2016 Real Estate Market Report for
New Homes for Sale in Greeley CO
New home construction activity in the Greeley CO Area has been substantial, with new home builders offering a broad selection of homes in a variety of sizes, styles, locations and prices. These homes feature the latest ideas in home design and energy efficiency, and may offer the possibility of personalizing the home's finishes, upgrades and options. Interested buyers will find much of interest by browsing the current inventory of New Homes for Sale in Greeley CO.
There are 194 new homes currently for sale in the Greeley area, priced from a low of $249,495 to a high of $2,500,000. Of these 194 homes, 49 are finished and ready for move-in, 95 are under construction, and 50 are yet to be built. The last two of these categories will provide the best opportunities for choosing options and upgrades. There are another 210 new homes under contract and waiting to close.
New homes have been selling strongly in the Greeley area so far this year – there were 902 sales, with prices ranging from a low of $185,900 to a high of $858,000, with a median price of $303,948, and an average price of $324,608. Average days to get an offer for the homes that sold has been 48 days, with an average days on the market of 115. The sale price/list price ratio for these 902 homes was 100.2% of listing price.
Note: With new construction sales, homes may sell above list price because options and upgrades are frequent additional charges on the base list price. Similarly, new construction usually takes longer to close than resale homes because of construction time.
There is constant change in the availability of new homes, so if you want to follow this portion of the market, let us 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 find something that appears to be a good fit for your needs, please give us a call – we’d be happy to schedule a showing for you at your convenience.