This is the October 2018 Real Estate Market Update for Affordable Homes for Sale in Greeley CO
Greeley CO once had the region's largest stock of affordable housing, but several years of low inventory and high demand have raised home prices in the area, and affordable homes are now hard to find. For those that are for sale, buyers are facing strong competition, and must pay careful attention to the market and be ready to act when the right home appears.
A selection of Greeley CO affordable homes can be seen at the bottom of this page, and detailed listing information, always current, is available by clicking the "View All Results" link just below that.
There are 42 homes priced under $300,000 currently for sale in Greeley CO, starting at $180,000, with an additional 82 affordable homes currently under contract and waiting to close.
In spite of limited availability, affordable homes have been selling strongly in Greeley CO so far this year. There have been 574 sold, priced from a low of $85,000 to a high of $300,000, with a median price of $260,000 and an average price of $252,128. Market performance has been excellent, as these homes continue to sell quickly - average days to get an offer for the homes that sold was 13 days, with an average days on the market of 42. The sale price/list price ratio for these 574 homes was 100.5%, a sign of a strong seller's market and high buyer demand.
The availability of affordable homes is subject to constant change, so if you would like to watch the affordable home segment of the market for new listings, we can help - we'll set up an on-going search especially for you, with your own customized web site - you'll be notified as soon as new listings are posted. And when you see a home that might meet your needs, please give us a call - we’d love to schedule a showing for you, quickly and at your convenience.