Greeley Monthly Market Update – Single Family Homes

Greeley Overview Single Family Homes (Detached)

Information provided by IRES and Metrolist Information Services.

 

(Single Family Homes – % Under Contract)

SINGLE FAMILY HOMES 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 $500k                   52% 46% 49% 45%
$500K – $750k                   33% 31% 27% 27%
ABOVE + $750K                   26% 27% 22% 19%
OVERALL % U/C                   47% 43% 44% 40%

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES 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’
                    1535 1490 1365 1188

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES 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’
                    390 466 409 351

 

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

SINGLE FAMILY HOMES 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’
                    3.93 3.5 3.24 4.41

 

 

GREELEY SINGLE FAMILY HOMES 2017 YTD 2018 % Change
Total Units Sold 4954 5412 +9.2%
Average Sales Price $346,000 $368,987 +6.64%
Median Sales Price $325,000 $341,211 +5%
Average Days to Contract 30 30 No change