Affordable Homes for Sale in Greeley CO - September 2017

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

This is the September 2017 Real Estate Market Report for
Affordable Homes for Sale in Greeley CO

 

First-time home buyers, renters seeking the financial advantages of home ownership, those with limited budgets, investors looking for a property to flip or hold, or those just seeking a bargain will find some interesting opportunities by checking out Affordable Homes for Sale in Greeley CO.

 

Greeley CO Affordable Homes for Sale September 2017

 

Not long ago, Greeley had an ample supply of these homes, but inventory has greatly diminished in recent times. Now, there is heavy competition for the limited number of these homes currently on the market, and they are selling quickly. Multiple offers and homes selling for more than asking price are common occurrences. Having financing in place and an ability to act decisively are going to be key elements of success for those who are serious.

 

There are only 19 homes priced under $250,000 for sale at the present in Greeley, starting at $42,000, offering a small but interesting selection of locations, conditions, sizes and styles. There are an additional 55 affordable homes currently under contract and waiting to close.

 

Even with the shortage of affordable homes in Greeley, sales have been good so far this year – there have been 345 sales, with prices ranging from a low of $42,700 to a high of $250,000, with a median price of $217,000 and an average price of $204,087. Market performance continues to be excellent, as would be expected - average days to get an offer for the homes that sold was 15 days, with an average days on the market of 41. The sale price/list price ratio for these 345 homes was 100.7%, a sign of high buyer demand and a strong seller's market.

 

There is constant change in the inventory of affordable homes, so if you would like to keep watch for new listings, 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 something with interesting possibilities, please give us a call - we’d be happy 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

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Topic:
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Location:
Colorado Weld County Greeley
Groups:
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Market Reports
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2017 Market Trend Reports
City and State Community & Marketing Reports
Tags:
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Rainer
342,396
Raymond Denton
Homesmart / Evergreen Realty - Irvine, CA
Shady Canyon Specialist

Greeley, CO sounds a lot like Orange County, CA, Dick.  Super tight inventory.  Makes it tough for first time home buyers.

Sep 15, 2017 09:10 AM #1
Rainmaker
3,000,231
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

I got that questions just today, "arent there any affordable homes listed for sale? Dick Greenberg . A great blog to grab  attention of consumers. Have a good Friday

Sep 15, 2017 12:08 PM #2
Rainmaker
3,337,688
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi, Dick -- the all-too-elusive affordable price range in each market certainly can try the patience of buyers.  In Greeley and the Northern Colorado areas you cover, they will be in particularly capable hands when your assistance is part of the team effort.   

Sep 15, 2017 01:44 PM #3
Rainmaker
1,498,754
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hi Dick Greenberg, sometimes, it's more beneficial to own than rent. With only 19 affordable homes for sale in Greeley CO, buyers must act fast with your assistance, they may be homeowners in no time. 

Sep 15, 2017 02:57 PM #4
Rainmaker
4,450,365
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Dick,

You just continue to impress us with great marketing reports.  There is no doubt when it comes to your expertise and savvy in real estate

Sep 15, 2017 05:22 PM #5
Rainmaker
3,205,097
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Dick when you say Affordable you mean it, in our market the high end of your affordability would get you maybe a vacant lot, Endre

Sep 15, 2017 11:37 PM #6
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