Greeley CO February 2012 Real Estate Market Report

By
Real Estate Broker/Owner with New Paradigm Partners LLC EB #1326335

Here is the Greeley CO February 2012 Real Estate Market Report:

Greeley CO February 2012 Real Estate Sales

January Property Sales were 61, down 9.0% from 67 in January of 2011 and 33.0% lower than the 91 sales last month. January 2012 sales were at their lowest level compared to January of 2011 and 2010. January year-to-date sales of 61 are running 9.0% behind last year's year-to-date sales of 67.

Greeley CO February 2012 Real Estate Prices

The Median Sales Price in January was $150,000, up 25.0% from $120,000 in January of 2011 and up 13.6% from $132,000 last month. The Average Sales Price in January was $155,930, up 12.3% from $138,887 in January of 2011 and up 5.7% from $147,483 last month. The January 2012 Average Sales Price was at the highest level compared to January of 2011 and 2010.

Greeley CO February 2012 Real Estate Inventory

The Total Inventory of Properties available for sale as of January was 378, up 4.7% from 361 last month and down 34.3% from 575 in January of last year. January 2012 Inventory was at its lowest level compared with January of 2011 and 2010. The Average Days On Market for January was 93, up 8.1% from 86 days last month and up 16.3% from 80 days in January of last year. The January 2012 Average Days On Market was at a mid level compared with January of 2011 and 2010.

The Greeley CO February 2012 Real Estate Market Report shows a continuing increase in price data, with both average and median prices up. This most likely reflects more activity in higher price ranges rather than actual improvements in value. The decrease in sales activity is probably a result of seasonal effects. But even lacking changes in underlying economic conditions, there is still some reason to be optimistic about the real estate market in Greeley CO, as it continues to offer some outstanding opportunities, with very attractive pricing and great interest rates.

If you'd like to take a closer look, just Search Real Estate Listings for the homes currently on the market in Greeley CO. We'd love to show you any of these homes that seem interesting - please give us a call and we'll set up some showings at your convenience.

Posted by
Mary & Dick

Mary & Dick Greenberg
New Paradigm Partners LLC
2601 S. Lemay Ave. #41
Fort Collins, CO 80525
970-689-4663
www.maryanddick.com

 

Data Source: IRES MLS

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John McCormack
Albuquerque Homes Realty * www.AlbuquerqueHomes.com - Albuquerque, NM
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Realtors, Mary and Dick Greenberg contact them today for all your Greenley Colorado real estate needs!

Feb 12, 2012 10:14 AM #1
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Good Morning Dick, Another great market report, there is a distinct increase in sales in certian times of the year for Greely. I have to say you provide a great inspriation and model for market reports. Have a great Sunday

Feb 12, 2012 10:21 AM #2
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Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi John & Scott - Thanks for taking the time to look at my Greeley market report and comment. While activity is somewhat seasonal across northern Colorado, we suspect that, hideen behind the seasonality,  conditions are improving - spring data will really tell the tale for us over the next couple of months.

Feb 12, 2012 11:25 AM #3
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Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
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Hi Dick,  Great information about the Greeley market.  Your reports are so easy to read and full of great information.

Feb 12, 2012 01:57 PM #4
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Dick Greenberg

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