Greeley Monthly Market Update – Condominium/Townhome

Greeley Overview Condominium/Townhome (Attached)

Information provided by IRES and Metrolist Information Services.

 

(Attached Dwelling – % Under Contract)

Oct 18’

ATTACHED DWELLINGS Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’
UNDER – $250k 74% 69% 44% 43%
ABOVE +$250K 40% 37% 40% 34%
OVERALL % U/C 55% 50% 41% 38%

 

(Attached Dwelling – Inventory)

ATTACHED DWELLINGS Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’
  182 149 116 117

 

(Attached Dwelling – # Sold)

ATTACHED DWELLINGS Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’
  39 50 48 36

 

(Attached Dwellings – Absorption Rate in Months) Based off 6-month sales average

ATTACHED DWELLINGS Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’
  4.66 3.3 2.54 2.54

 

YTD Comparison

GREELEY ATTACHED DWELLINGS 2017 YTD 2018 % Change
Total Units Sold 552 530 -4%
Average Sales Price $238,824 $257,019 +7.6%
Median Sales Price $232,950 $248,000 +6.4%
Average Days to Contract 26 26 No change