Greeley CO Real Estate Market Trends - October 2015

By
Real Estate Broker/Owner with New Paradigm Partners LLC EB #1326335

This is the October 2015 Real Estate Market Report for Greeley CO

 

Greeley CO Home Sales Sepyember 2015

Instead of the expected seasonal fall slowdown in real estate activity, Greeley home sales increased in September 2015 to 169 sold, up 11.2% from 152 in August 2015, and up 8.3% from 156 sold in September 2014. This is a good sign that regional buyer demand is maintaining its strength, particularly in the more affordable price ranges.

 

Greeley CO Home Prices September 2015

Home prices also increased in August 2015, with the median price up 2.5% to $242K from $236K in August 2015. The average price held steady at $252K from August 2015. With these numbers representing only those homes sold in a particular month, the longer term trend for home prices is a better indication of upward movement in home values.

 

Greeley CO Home Inventory September 2015

Inventory also rose, with the number of available homes growing to 252, up 5.9% from 238 in August 2015. But because of stronger sales activity, the months supply of inventory (MSI) dropped to 3.1 months, indicating a move away from market balance and into the seller’s favor.

 

Summary:

As was the case last month, the Greeley real estate market is showing no hurry to begin the expected seasonal slowing of activity. Sales, home prices and inventory all registered gains. Because of strong buyer interest driven by a growing regional economy, we believe that Greeley is benefiting from the availability of relatively more affordable housing choices than its neighbors, but we still expect seasonal trends to appear within the next month or so.

 

If you're interested in what's currently on the market, take a look at Homes for Sale in Greeley CO. When you see a home that you would like a closer look at, please give us a call - we would happy to schedule a showing for you at your convenience.

Posted by
Mary & Dick

Mary & Dick Greenberg
New Paradigm Partners LLC
2601 S. Lemay Ave. #41
Fort Collins, CO 80525
970-689-4663
www.maryanddick.com

 

Data Source: IRES MLS

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Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Dick, 

That is interesting that the sales did not slow down in Greeley, and that you are bucking the trend of slowing down in the fall.  Good news!

Wishing you and Mary a great day!  A

Oct 07, 2015 01:16 AM #1
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Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Looks like there are plenty of homes to choose from in Greeley at a very affordable price point.

Oct 07, 2015 01:27 AM #2
Rainmaker
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Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Dick -- unexpected and very positive news about the Greeley CO real estate market.  It is often difficult to find truly affordable homes and it's good that while they are not found in great numbers, there are some choices for buyers especially when they avail themselves to the services of you and Mary Greenberg.

Oct 07, 2015 01:54 AM #3
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Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Dick, excellent Greeley CO Real Estate Market Trends report. You have such detailed reports and graphs.

Oct 07, 2015 05:50 AM #4
Rainmaker
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Funny thing today i was called by the media who found my market reports, although last months and they want me to do a segment on air for politics and the local economy. Would love to report on the market but may want to stay out of politics. 

Oct 07, 2015 10:12 AM #5
Rainmaker
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Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hello Dick - a very detailed job with the Greeley CO market report.  There seems to be no slow down.

Oct 08, 2015 04:43 AM #6
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