This is the May 2019 Real Estate Market Report for Loveland CO Affordable Homes for Sale
First-time home buyers, those on a limited budget, renters seeking a better answer to their housing needs, and investors looking for a good opportunity are all dealing with the most difficult segment of the Loveland CO real estate market. The inventory for homes priced under $300K - our definition for affordable homes - has been extremely limited for several years now. And high demand means competition from other buyers. A successful search will depend on close attention to the market and the ability to move quickly when the right opportunity arises.
A selection of affordable homes can be found in the showcase at the bottom of this page, and clicking on the "View All Results" link just below that will provide access to detailed listing information, always updated and current, for the full inventory of affordable homes.
There are only 14 homes priced under $300,000 on the market at this time in Loveland CO, starting at $225,000. There are another 26 affordable homes under contract and waiting to close.
The limited inventory of affordable homes has constrained sales in this high demand category so far in 2019. There have been 46 sales, priced from a low of $93,000 to a high of $300,000, with a median price of $270,992 and an average price of $255,489. Market performance has been very good, with an average days to get an offer for the homes that sold at 27 days, and an average days on the market of 48. The sale price/list price ratio for these 46 homes was 97.5%.
There is constant variation in the availability of affordable homes, so if keep an eye on inventory for this market segment, 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 find a home you'd like to see in person, please let us know - we'd love to schedule a showing for you quickly and at your convenience.