The winter months are a poor time to make predictions about where the real estate market is headed. Activity is generally slower, and other random factors like weather can play a major role. There isn’t anything particularly alarming about January’s numbers, although we have noted that 49% drop in sales. But we haven’t seen any change in the underlying driver for real estate activity - the regional economy remains strong and and continues to generate new jobs. We’ll be watching closely in the coming months for better indications of where this year’s market will be headed.
Our latest real estate market update for Loveland CO - The February 2019 Real Estate Market Update - has a detailed look at sales, price and inventory trends over the last three years - check it out and see what you think.