This is the September 2017 Real Estate Market Report for
New Homes for Sale in Greeley CO
Home buyers looking for a brand new, never-before-lived-in home - one with the latest advances in home design and energy efficiency and the ability to select finishes, options and upgrades - will find many options to consider by browsing the current inventory of New Homes for Sale in Greeley CO. New homes are one of the most active segments of the market, and builders are offering a wide range of homes in a variety of sizes, styles, locations and prices.
There are 256 new homes on the market in the Greeley area, priced from a low of $273,000 to a high of $2,500,000. Of these 256 homes, 65 are complete and ready for occupancy, 155 are under construction, and 36 are yet to be built. These last two categories offer the best opportunities for selecting options and upgrades. There are another 174 new homes under contract and waiting to close.
Sales of new homes in the Greeley area have been strong so far in 2017 – 509 have sold, with prices ranging from a low of $244,927 to a high of $870,000, with a median price of $356,561, and an average price of $363,644. Market performance was good - the average days to get an offer for the homes that sold was 57 days, with an average days on the market of 123. The sale price/list price ratio for these 509 homes was 100.6% of listing price.
Note: With new construction sales, homes may sell above list price because options and upgrades are commonly added to the base list price. Similarly, new homes typically take longer to close than resale homes because of construction time.
The inventory of new homes varies constantly, so if you would like to watch for new listings, we can 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 a home you'd like to see in person, give us a call – we would be pleased to schedule a showing for you at your convenience.