This is the March 2020 Real Estate Market Report for New Homes for Sale in Greeley CO
The very active new home real estate market has provided some useful options to home buyers faced with limited inventory in the resale market - but with scant relief in the lower price ranges. The showcase below contains a sample of new homes currently on the market in Greeley CO, and the "View All Results" link just below that offers access to detailed listing information, updated and always current, for the complete MLS inventory of these homes.
There are 209 new homes for sale in the Greeley area, ranging in price from a low of $290,000 to a high of $1,498,000. Of these 209 homes, 57 are complete and ready for occupancy, 122 are under construction, and 30 are yet to be built. The last two of these categories provide the best opportunities for choosing options and upgrades. There are an additional 239 new homes under contract and waiting to close.
Sales of new homes have been vigorous in the Greeley area so far in 2020. There have been 220 new homes sold, priced from a low of $267,825 to a high of $880,996, with a median price of $380,389, and an average price of $403,205. Market performance has been good - the average days to get an offer for the homes that sold was 64 days, with an average days on the market of 111. The sale price/list price ratio for these 220 homes was 100.4% of listing price.
Note: For sales of new homes, sale prices can exceed list price because options and upgrades are added to the base list price. Similarly, new homes generally take longer to close than resale homes because of construction time.
The inventory of new homes is constantly changing, so if you would like to know about new listings as they come on the market, 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 that you'd like to see in person, please give us a call – we would be happy to schedule a showing for you at your convenience.