Loveland Monthly Market Update – Single Family Homes

City of Loveland / Berthoud Single Family Homes (Detached)

Information provided by IRES and Metrolist Information Services.

LOVELAND SINGLE FAMILY HOMES 2017 YTD 2018 % Change
Total Units Sold 2,427 1785
Average Sales Price $410,787 $437,918 +6.6%
Median Sales Price $360,000 $390,000 +8.3%
Average Days to Contract 35 35 0%

 

(Single Family Homes – % Under Contract)

SINGLE FAMILY HOMES Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’
UNDER $500K       54% 55% 62% 61% 55% 50% 47% 51% 44% 39%
$500K-$750K       35% 36% 44% 48% 45% 41% 44% 44% 34% 36%
$750K-1MM         31% 27% 34% 41% 40% 30% 25% 19% 28%
$1MM+       31% 19% 21% 12% 13% 11% 6% 0% 3% 3%
OVERALL % U/C       46% 48% 53% 53% 49% 45% 42% 44% 37% 35%

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’
        483 538 588 686 718 698 700 662 642 617

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’
        122 96 129 130 226 239 210 203 172 161

 

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

SINGLE FAMILY HOMES Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’
            5.08 4.41 5.1 4.44 4.22 3.49 3.27 3.1