Greeley Monthly Market Update – Single Family Homes

Greeley Overview Single Family Homes (Detached)

Information provided by IRES and Metrolist Information Services.

GREELEY SINGLE FAMILY HOMES 2018 YTD 2019 % Change
Total Units Sold 5412 268 Insufficient YTD Data
Average Sales Price $368,987 $375,610 +1.7%
Median Sales Price $341,211 $349,500 +2.4%
Average Days to Contract 30 42 +40%

 

(Single Family Homes – % Under Contract)

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
UNDER $500k                 52% 46% 49% 45% 55%
$500K – $750k                 33% 31% 27% 27% 35%
ABOVE + $750K                 26% 27% 22% 19% 22%
OVERALL % U/C                 47% 43% 44% 40% 50%

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
                  1535 1490 1365 1188 1348

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
                  390 466 409 351 273

 

(Single Family Homes – Absorption Rate in Months) Based off 6-month sales average

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
                  3.93 3.5 3.24 4.41 3.56