This is the December 2021 Real Estate Market Report for Greeley CO
Greeley CO home sales increased again in December 2021, with 124 homes sold, up 5.1% from the 118 sold in November 2021, and a gain of 5.8% from the 117 homes sold in December 2020. Total sales of 1,370 homes are down 1.5% from last year’s total sales of 1,391 homes.
Home prices were mixed in December 2021. The median price rose 3.9% to $425K from $409K in November 2021, while the average price fell 1.2% to $425K from $430K during the same period. During 2021, the median price rose 19.4% and the average price rose 18.0%.
The inventory of available homes fell in December 2021. There were 57 homes available for sale at the end of the month, a drop of 26.3% from last month’s 72 homes. The Month’s Supply of Inventory (MSI) declined to 0.6 months in response to sales gains and inventory declines.