Here is the July 2012 Real Estate Market Report for Greeley CO Homes for Sale:
June Property sales were 96, down -22.0% from 123 in June of 2011 and -16.5% lower than the 115 sales last month. June 2012 sales were at their lowest level compared to June of 2011 and 2010. June year-to-date sales of 533 are running -11.6% behind last year's year-to-date sales of 603.
The Median Sales Price in June was $146,900, up 1.3% from $145,000 in June of 2011 and down -0.7% from $148,000 last month. The Average Sales Price in June was $161,895, up 0.7% from $160,835 in June of 2011 and down -5.3% from $170,918 last month. The June 2012 Average Sales Price was at highest level compared to June of 2011 and 2010.
The Total Inventory of Properties available for sale as of June was 489, up 19.3% from 410 last month and down -6.3% from 522 in June of last year. June 2012 Inventory was at the lowest level compared to June of 2011 and 2010. The Average Days On Market for June was 75, down -5.1% from 79 days last month and down -17.6% from 91 days in June of last year. The June 2012 Average Days On Market was at its lowest level compared with June of 2011 and 2010.
The real estate market for Greeley CO is showing few signs of recovery at this point. While other areas of the regions are experiencing positive trends, Greeley has seen a decline in sales activity and mixed price movement, but the increase in inventory is a positive sign and very welcome. While there is no current good news for sellers, home buyers can take advantage of some of the best buys in the region - homes are very attractively priced and interest rates are staying at their record low levels. Right now, Greeley is offering the most affordable housing available in northern Colorado.
If you'd like to browse the current inventory, check out Greeley CO Homes for Sale. We'd be happy to show you any of these homes that seem of interest - give us a call and we'll schedule some showings at your convenience.
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