This is the April 2022 Real Estate Market Update for Greeley CO
Greeley CO home sales were up in March 2022. There were 134 homes sold, a gain of 19.6% from the 112 sold in February 2022, and up 42.5% from the 94 homes sold in March 2021. Homes sold for 102.6% of list price during the month.
Home prices were mixed in March 2022. The median price rose 2.9% to $452K from $439K in February 2022, while the average price fell 1.1% to $443K from $448K during the same period. These results, once again, represent those specific homes that sold during the month, so month-to-month variations tell us less than the overall trend line for prices.
The inventory of available homes fell again last month, to 35 homes on the market at the end of the month, down 35.7% from last month’s 51 homes. The Month’s Supply of Inventory (MSI) fell to 0.3 months in response to sales gains and inventory losses.