This is the May 2025 Real Estate Market Report for Greeley CO
Sales:
Home sales declined in Greeley CO in April 2025. There were 72 homes sold, down 16.3% from the 86 sales in March 2025, and down 32.1% from the 106 homes sold in April 2024. Year-to-date sales of 268 homes were down 12.8% to last year’s 307 sales for the same period.
Prices:
Home prices were mixed in April 2025. The median price was essentially unchanged at $449K from last month’s $450K, while the average price was up 6.7% to $525K from $492K for the same period. Please keep in mind that these results reflect only those specific homes sold during the month and are therefore subject to random variations, while the overall price trends give a better idea of what is happening.
Inventory:
The inventory of available homes in Greeley CO rose 16.4% to 185 on the market at the end of April 2025, from 159 homes at the end of March 2025. The Month’s Supply of Inventory (MSI) rose to 2.6 months from March’s 1.8 months, as inventory gains outpaced sales.
Sales Price vs. List Price:
In April 2025, homes in Greeley CO sold for 99.8% of asking price, up from March 2025’s 98.9%.
Summary:
April’s housing statistics would seem to reflect a typical start for the spring real estate season in northern Colorado, with sales and inventories generally rising. Structurally, our real estate market seems healthy, with active buyers and sellers, new and existing inventory in ample supply, and lenders ready to invest in new mortgages.
This analysis is mostly a reflection of the fact that with the exception of inventory, our data is based on contracts that were generally written 30-45 days before closing, and therefore lags a bit behind current events.
Given the potentially disruptive nature of those events, which are on-going, we have no current clear vision of what the 2025 real estate market is shaping up to be. Like many other sectors of the economy, what happens in coming months with our local real estate market will depend on factors well beyond local control.
As some clarity begins to emerge regarding the economic response to unfolding events, we’ll be carefully watching local impacts and will do our best to keep you informed of what’s happening in real estate. And in the meantime, we’re always available to chat and answer, to the best of our abilities, any questions you may have.