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August 2016 Market Update - Loveland CO New Homes

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

This is the August 2016 Real Estate Market Update for
Loveland CO New Homes for Sale

 

Home buyers searching for a brand new home, with the newest advances in energy efficiency, modern design concepts, and the ability to pick their own finishes, features and upgrades, will find much of interest by browsing the current inventory of New Homes for Sale in Loveland CO.

 

 Loveland CO New Homes for Sale August 2016

 

New home builders have been very active in Loveland for the past several years, and are offering in a wide range of locations, with excellent choices in style, size and price. At the present time, there are 131 new homes on the market in Loveland, ranging from a low of $336,248 to a high of $980,000. Of these 131 homes, 33 are completed and ready to move into, 90 are under construction, and 8 are yet to be built - the last two of these categories offer the best opportunities for choosing finishes, upgrades and features.

Note: The number of available homes is most likely understated - builders seldom place their entire inventory on the Multiple Listing Service.

 

New homes in Loveland have sold strongly so far in 2016 – there have been 291 new home sales, with prices ranging from a low of $234,425 to a high of $1,116,870, with a median price of $384,270, and an average price of $420,042. Average days to get an offer for the homes that sold has been 91 days, with an average days on the market of 146. The sale price/list price ratio for these 291 homes was 100.0%.

Note: In new home construction, the sale price often exceeds 100% of list price because of the cost of upgrades and options, and the days on market tends to be longer than usual, due to construction time.

 

Because the inventory of new homes is subject to frequent change, if you want to watch for the right 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 you find a home that appears to be a good match for your needs, please give us a call – we’d love 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

Comments(7)

Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great market report!  I hope your hump day is a good one too!

Aug 24, 2016 12:38 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Dick,

Another great report on New Homes in Loveland.  I like that you explain why the price of homes can exceed 100%,  this is a very helpful detail.  Wishing you a wonderful Wednesday. A

Aug 24, 2016 12:40 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Dick -- the new home segment of the Loveland real estate market is yet another one of the areas where your expertise shines.  It's obvious you understand the nuances(builders don't typically place all inventory in the mls, the reasons why sales prices exceed list prices, etc) which makes your representation so important to the clients fortunate enough to work with you.  

Aug 24, 2016 12:43 AM
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Sounds like Loveland is busy with new construction.  I am happy to see that there is inventory available under $500k.  That is rare up here these days.

Aug 24, 2016 01:37 AM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

You never seem to fall short on avenues to report on Dick Greenberg. Another fine report on the new homes of Loveland Colorado. 

Aug 24, 2016 06:46 AM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Thank you for taking the time to share this.  This is perfect information for anyone interested in buying or selling real estate.

Aug 24, 2016 10:46 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

You really know the new construction home market and inventory in Loveland, CO. It's great to see that new construction is doing so well in your area. We aren't really seeing any new construction in my area. 

Aug 24, 2016 11:38 PM