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Affordable Homes for Sale - Greeley CO March 2016

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

This is the March 2016 Real Estate Market Update for
Affordable Homes for Sale in Greeley CO

 

First-time homebuyers, those on a tight budget, renters seeking the financial advantages of home ownership, or those just wanting to spend less on a home will all find some good opportunities by browsing the current inventory of Affordable Homes for Sale in Greeley CO.

 

Affordable Homes for Sale Greeley CO March 2016

 

It should be noted, however, that there is a very limited inventory of affordable homes and many interested buyers, so there will most likely be a lot of competition for these homes. The chances of a successful purchase will be greatly enhanced by in-place financing and a willingness to move quickly when a good opportunity arises.

 

At the present time, there are only 15 homes for sale in Greeley priced under $225,000, starting at $106,900 and offering a limited choice of locations, conditions, sizes and styles. Another 91 affordable homes are currently under contract and waiting to close.

 

Affordable homes continue to sell strongly in Greeley so far in 2016 – there have been 97 sales, with prices ranging from a low of $68,000 to a high of $225,000, with a median price of $175,195 and an average price of $174,596. Market performance has been excellent - average days to get an offer for the homes that sold has been 30 days, with an average days on the market of 63. The sale price/list price ratio for these 97 homes was 99.3% of list price, a sign of strong buyer demand and a seller's market.

 

There is frequent variation in the availability of these affordable homes, so if you would like to watch for a good opportunity, 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 see a home that might meet your needs, please give us a call - we’d love to schedule a showing appointment for you quickly and 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

Comments(9)

Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Dick -- when a savvy buyer chooses you for representation of a purchase of an affordable home in Greeley -- the savings might be enough to celebrate "Pi Day" more often.   

Mar 14, 2016 01:23 AM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

Ha, that's right it is Pi Day. Agree with Michael - save some money and choose Mary and Dick for an affordable home purchase in Greeley.  However, with the limited inventory, you'll need to do what they suggest and have your financing in line - and be ready to put your best offer on the table at the get-go. No low ball offer experimentation going on if you want to secure an affordable home in Greeley. 

Mar 14, 2016 02:35 AM
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Your market report and bar charts clearly show the lion's share of affordable homes in Greeley by price.  Nicely done.

Mar 14, 2016 03:44 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Dick, well done reporting on Affordable Homes for Sale in Greeley CO.

Mar 14, 2016 03:57 AM
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Dick home buyers looking for affordable home in Greeley CO would be very smart to call you FIRST to help them negotiate this tight market. With only 15 homes currently on the market and 91 homes under contract only the best negotiator will help home buyers to a successful close in this hot segment.

Mar 14, 2016 08:08 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Dick- with the wide range but limited inventory, it would seem that Buyers need to call you if they are interested in affordable homes in Greeley CO. 

Mar 14, 2016 08:46 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Dick,

I loved Michael Jacobs 's comment and celebrating PI day...what an added bonus.  Your Greeley report of Affordable homes is great, and there are no two better guides for either a buyer or sell than Mary and you.  A

Mar 14, 2016 08:47 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I have watched the affordable inventory decrease over the last couple of years. Now it is almost scant and presenting a real challenge to buyers and agents.

Mar 14, 2016 09:33 AM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Good Morning Dick Greenberg , affordable homes have been challenging to find in this market, but for those buyers prepared, they are getting them as soon as they hit the market. 

Mar 14, 2016 11:20 PM