With the end of the slower winter real estate market, marked by two months of sales gains, it’s apparent that housing demand in Greeley CO remains strong, bolstered by a healthy regional economy and job growth. Our attention shifts to the on-going lack of balance between supply and demand. Lack of inventory over the last several years has pushed prices higher but hasn’t yet provided sufficient incentive to existing home owners to enter the market. This is most likely because potential replacement homes are also in short supply and also becoming more expensive. It remains very much a seller’s market.
Check out our latest real estate market update - Greeley CO Homes for Sale - to see how home sales, prices and inventory have changed over the last three years.