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Greeley, CO Real Estate News

By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the September 2017 Real Estate Market Report for Five Bedroom or Larger Homes for Sale in Greeley CO If you need a larger home for your growing or multi-generational family, have frequent house guests, need a home office or craft space, or just want to spread out a bit, browsing the available inventory of Five Bedroom Homes for Sale in Greeley CO should provide you with some interesting options to consider.  There is currently a limited inventory for these homes - there are only 27 five bedroom or larger homes for sale in Greeley, priced from a low of $245,000 to a high of $1,650,000, offering a small but nice range of styles, locations and features to choose from. 17 of these homes, about 63%, are 1-story ranches and most will have finished basements. There are another 34 of th...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the September 2017 Real Estate Market Report for Four Bedroom Homes for Sale in Greeley CO Home buyers looking for a bigger home to accommodate their large or growing family, frequent house guests, a home office or craft room will find some interesting options by browsing the available inventory of Four Bedroom Homes for Sale in Greeley CO.  The inventory of these homes has improved in recent months, but is still insufficient to meet demand - there are 55 four bedroom homes currently for sale in Greeley, ranging in price from a low of $199,500 to a high of $929,000, offering a nice range of styles, locations and prices. 31 of these homes, around 56%, are 1-story ranches and may have finished basements. There are an additional 74 four bedroom homes under contract and waiting to c...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the September 2017 Real Estate Market Report for Three Bedroom Homes for Sale in Greeley CO If you're an empty-nester wanting to downsize to a smaller and easier to manage home, are a first-time home buyer, or are currently renting but seeking better options, you may find the perfect answer to your needs by browsing the available inventory of Three Bedroom Homes for Sale in Greeley CO.  Three bedroom homes are very popular and are found throughout the city's neighborhoods in a variety of styles, sizes and prices. Currently, there are 37 three bedroom homes for sale in Greeley CO, priced from a low of $42,000 to a high of $2,200,000. 21 of these three bedroom homes, about 58%, are 1-story ranches. There are an additional 72 three bedroom homes under contract and waiting to close....
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the September 2017 Real Estate Market Report for Two-Bedroom Homes for Sale in Greeley CO If you're currently a renter interested in the financial and lifestyle advantages of home ownership, are considering the purchase of a first home and want an alternative to condos and town homes, or just don't require a lot of space, you'll want to check out the available inventory of Two Bedroom Homes for Sale in Greeley CO. There aren't a lot of these homes on the market - they make up only 12% of the total - but they can often be a great option.  There are only 16 two-bedroom homes currently for sale in Greeley CO, priced from a low of $148,500 to a high of $495,000. Of these, 14 are 1 story ranch-style homes. There are another 24 two-bedroom homes under contract and waiting to close.  E...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the September 2017 Real Estate Market Report for Greeley CO Home Sales:Home sales in Greeley rose 7.5% in August 2017, to 143 homes sold, up from 133 in July 2017, but were down 8.4% from the 155 sales reported in August 2016. 2017 year to date sales of 955 are running 23.0% lower than the 1175 sales for the same period in 2016.  Home Prices:Home prices were essentially unchanged in August 2017 - the median sales price dropped slightly to $288K from $289K in July 2017, and the average price dropped 1.3% to $300K from $304K in July 2017. While these numbers typically vary from month to month, the long-term trend line continues to suggest rising home values, but perhaps at a somewhat slower rate.  Home Inventory:Inventory also held steady in August 2017, dropping just slightly to ...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
Back in 2005, our daughter Stacie won a Wally for winning her class at the National Hot Rod Association Nationals at Bandimere Speedway in Denver, becoming the "fastest chick in Colorado". If you have ever followed drag racing, you know a Wally is a very big deal.   Not long afterwards, life intruded and Stacie quit racing for many years. But - bad news for the competition - Stacie is back! With the support of her fiance Jessie and their performance shop, Jessie's Performance, she was behind the wheel of her 2004 GTO, a 6.2 liter, normally aspirated 437 hp V-8, at a testing session last night at Bandimere, and turned a very respectable 12.98 seconds at 108 mph. Here's her last run of the evening (she's the one on the right):  That Wally has been kind of lonely all these years. I'm betti...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the August 2017 real estate market report for Greeley CO Sales:Home sales in Greeley fell 13.5% in July 2017, to 133 homes sold, down from 151 in June 2017, and down 20.3% from the 160 sales reported in July 2016. 2017 year to date sales of 812 are running 25.6% lower than the 1020 sales for the same period in 2016. Prices:Home prices were mixed in July 2017 - the median sales price rose 4.7% to $289K from $276K in May 2017, but the average price dropped 0.7% to $304K from $306K in June 2017. These numbers always fluctuate from month to month, so we look to the long-term trend line for a better read on what is happening, and that continues to indicate rising home values. Inventory:Inventory gained a welcome 38.4% in July 2017, rising to 137 homes on the market at the end of the ...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2017 Real Estate Market Report for Greeley CO Sales:Home sales in Greeley jumped 27.9% in June 2017, to 151 homes sold, up from 118 in May 2017, but down 7.9% from the 163 sales reported in June 2016. While buyer demand remains strong, insufficient inventory is limiting its effect on overall home sales.  Price:Home prices declined in June 2017 - the median sales price fell 3.6% to $276K from $286K in May 2017, and the average price fell 1.3% to $306K from $310K in May 2017. As we always point out, these numbers report the prices of the homes that sold during the month, and are subject to constant variation. We look to the long-term trend line for a feel for what is happening, and that continues to suggest rising home values.  Inventory:Inventory fell 7.1% in May 2017, d...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2017 Real Estate Market Update for Greeley CO Zip Code 80634 The Greeley CO 80634 zip code includes the western areas of the city, north and south of US 34. It has a mix of older and newer neighborhoods, new subdivisions, and extensive retail and commercial development. Most of Greeley's recent growth and new home construction has occurred in this zip code area. Inventory is running at levels less than sufficient to meet current demand. There are only 78 homes on the market in the 80634 zip code, priced from a low of $260,000 to a high of $979,000, offering a nice choice of locations, sizes, styles and features. There are an additional 180 homes under contract and waiting to close. Without additional inventory entering the market, the imbalance between supply and demand...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2017 Real Estate Market Update for Greeley CO Zip Code 80631 The 80631 zip code covers the northern and eastern portions of Greeley, and includes the central business district and the University of Northern Colorado. It is characterized by established older neighborhoods, some new housing development, and semi-rural and rural areas to the north and east of the city limits. Available inventory is running far below what is necessary to satisfy demand. There are currently only 21 homes on the market in the 80631 zip code, priced from a low of $74,900 to a high of $1,650,000, providing a very limited range of choice in location, size, style and price. There are another 58 homes under contract and waiting to close. Unless we see a significant rise in homes available for sale...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2017 Real Estate Market Report for West Point Homes for Sale in Greeley CO After a very slow start to the year, primarily because of a lack of homes for sale, activity has recently begun to pick up in West Point - so far this year, there have only been 5 sales, ranging in price from a low of $275,000 to a high of $520,000, with a median price of $ $413,478 and an average price of $392,873. Market performance has been very good, with an average days to get an offer at 19, and average days on the market at 44. The sale price/list price ration for these 5 homes was 100.2%, a sign of continuing high buyer demand and a strong seller's market.        Address: Style: Sq.Ft. Bedrooms: Price: Active:                 5700   5th St Dr Ranch 3128 3 $356,435   651   51st Ave 2 Story...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2017 Real Estate Market Report for Weber West Homes for Sale in Greeley CO Weber West has previously been a very popular neighborhood for buyers searching for affordable homes. However, there has been an acute shortage of homes for sale in recent years, and prices have risen steadily in response to continuing high demand. So far this year, only 9 homes that have sold, ranging in price from a low of $255,000 to a high of $295,000, with a median price of $275,000 and an average price of $277,194. Market performance has been excellent, with an average days to get an offer of 12 and an average days on the market of 41. The sale price/list price ratio for these 9 homes was 100.0%, indicating high buyer demand and a strong seller's market.        Address: Style: Sq.Ft. Bedroo...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2017 Real Estate Market Report for Saint Michaels Homes for Sale in Greeley CO Home sales have been moderate in Saint Michaels so far this year, limited mostly by a lack of inventory - there have been 8 sales, priced from a low of $310,954 to a high of $565,000, with a median price of $350,750 and an average price of $382,237. Market performance has been good, with the average days to get an offer at 27 and average days on the market at 97. The sale price/list price ratio for these 8 homes was 99.5%, indicating a strong seller's market and high buyer demand.        Address: Style: Sq.Ft. Bedrooms: Price: Active:                 2917   67th Ave Way Ranch 3556 5 $355,000   3027   68th Ave 2 Story 3112 3 $359,000   3110   66th Ave Ct Ranch 3044 4 $375,000   3300   66th Ave...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2017 Real Estate Market Report for Poudre River Ranch Homes for Sale in Greeley CO Home sales have been good in Poudre River Ranch so far this year - there have been 15 homes sold, ranging in price from a low of $288,000 to a high of $636,000, with a median price of $429,713 and an average price of $439,674. Market performance has been good, considering that many of the homes that sold were new construction, with longer lead times - the average days to get an offer was 68 and average days on the market was 109. The sale price/list price ratio for these 15 homes was 98.5%, a sign of a seller's market.        Address: Style: Sq.Ft. Bedrooms: Price: Active:                 8209   Surrey Ranch 3000 2 $379,900   8213   Surrey Ranch 2996 4 $419,900   409   Deville Ranch 2847 ...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2017 Real Estate Market Report for Kelley Farm Homes for Sale in Greeley CO Home sales in Kelly Farm have been limited so far in 2017 by a lack of inventory - there have been 12 sales, priced from a low of $259,900 to a high of $429,000, with a median price of $345,000 and an average price of $337,975. Market performance has been good, with an average days to get an offer of 23, and average days on the market of 63. The sale price/list price ratio for these 12 homes was 99.1%, indicative of high buyer demand and a strong seller's market.         Address: Style: Sq.Ft. Bedrooms: Price: Active:                 5211   W B St Ranch 5605 6 $599,000 Pending:                 205   56th Ave 2 Story 2766 5 $333,900 Sold:                 220   52nd Ave Ranch 2520 3 $259,900   127...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2017 Real Estate Market Report for Hunters Cove Homes for Sale Greeley CO Home sales in Hunters Cove have been slow so far this year, constrained by a lack of homes available for sale. Only 3 homes have sold, priced from a low of $282,000 to a high of $357,500, with a median price of $336,500 and an average price of $325,333. Market performance has been excellent, with an average days to get an offer at 4, and average days on the market at 22. The Sale Price/List Price ratio for these 3 homes was 99.9%, showing high demand and a strong buyer's market.        Address: Style: Sq.Ft. Bedrooms: Price: Active:                 231   63rd Ave 2 Story 3253 5 $400,000   127   Hunters Cove Rd Ranch 5174 5 $749,900 Sold:                 6295   W 2nd St Bi-Level 2834 3 $282,000   3...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2017 Real Estate Market Report for Country Club West Homes for Sale in Greeley CO Home sales have been constrained in Country Club West so far in 2017 by a lack of homes for sale. There have been 11 sales, ranging in price from a low of $280,000 to a high of $385,000, with a median price of $325,000 and an average price of $331,855. Market performance has been very good - the average days to get an offer was 19 days, and the average days on market was 51 days. The list price/sale price ratio for these 11 homes was 101.0%, indicating high buyer demand and a strong seller's market.        Address: Style: Sq.Ft. Bedrooms: Price: Active:                 1629   50th Ave Ranch 3076 3 $307,000   1325   55th Ave Ranch 2951 6 $329,900   1122   51st Ave 2 Story 4415 4 $549,000 Pe...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2017 Real Estate Market Report for New Homes for Sale in Greeley CO If you are attracted to the idea of a brand new home, one built with state of the art design and energy efficiency that offers the opportunity to choose your own finishes, options and upgrades, you're in luck. New home builders have been very active in the Greeley area in recent years and are offering a nice selection of new homes in a wide range of sizes, styles, locations and prices. Check out the current inventory of New Homes for Sale in Greeley CO. There are 145 new homes for sale in the Greeley area, priced from a low of $257,000 to a high of $2,500,000. Of these 145 homes, 45 are complete and ready for occupancy, 80 are under construction, and 20 are yet to be built. These last two categories pro...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2017 Real Estate Market Report for Luxury Homes for Sale in Greeley CO If you're ready to make a move up to a special home, one with a custom design, high quality finishes and fixtures, top-of-the-line appliances, more space and a larger lot with good views, you will find some interesting options by browsing the available inventory of Luxury Homes for Sale in Greeley CO. The Greeley area luxury home market has good availability at the present time, providing a very nice range of styles, sizes, locations and amenities. And the market is favoring buyers at the present time, so pricing is generally very attractive. There are currently 128 luxury homes on the market, ranging in price from $500,000, our beginning point for this category, to $2,850,000. There are another 64 h...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the June 2017 Real Estate Market Report for Town Homes and Condos for Sale in Greeley CO Buyers interested in downsizing to a more manageable home, who like the concept of low-maintenance living, and seeking access to amenities like a swimming pool, tennis courts or an exercise facility, will find some interesting options to consider by browsing the current inventory of Condos and Townhomes for Sale in Greeley CO. Availability of these homes remains limited, with 12 condos and town homes for sale at the present time in Greeley, ranging in price from a low of $115,000 to a high of $299,750, providing a small but interesting range of locations, sizes, and amenities. There are an additional 42 condos and town homes under contract and waiting to close.  Even with limited inventory, ...
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