This is the June 2017 Real Estate Market Report for
New Homes for Sale in Greeley CO
If you are attracted to the idea of a brand new home, one built with state of the art design and energy efficiency that offers the opportunity to choose your own finishes, options and upgrades, you're in luck. New home builders have been very active in the Greeley area in recent years and are offering a nice selection of new homes in a wide range of sizes, styles, locations and prices. Check out the current inventory of New Homes for Sale in Greeley CO.
There are 145 new homes for sale in the Greeley area, priced from a low of $257,000 to a high of $2,500,000. Of these 145 homes, 45 are complete and ready for occupancy, 80 are under construction, and 20 are yet to be built. These last two categories provide the best opportunities for selecting options and upgrades. There are another 190 new homes under contract and waiting to close.
*Note: New home inventory is generally understated - builders typically do not list their entire inventory in the Multiple Listing Service (MLS).
New homes have sold strongly in the Greeley area so far this year – there have been 321 sales, with prices ranging from a low of $244,927 to a high of $686,876, with a median price of $350,594, and an average price of $354,152. Market performance was good - the average days to get an offer for the homes that sold has been 62 days, with an average days on the market of 124. The sale price/list price ratio for these 321 homes was 100.4%.
Note: With new construction sales, homes may sell above list price because options and upgrades are commonly added to the base list price. Similarly, new homes typically take longer to close than resale homes because of construction time.
The availability of new homes changes constantly, so if you would like to track the activity in this segment 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 a home you'd like to take a close look at, please give us a call – we’d be happy to schedule a showing for you at your convenience.
