This is the June 2022 Real Estate Market Update for Greeley CO
Sales:
Home sales in Greeley CO fell in May 2022. There were 119 homes sold, down 48.7% from the 177 sold in April 2022, but up 10.2% from the 108 homes sold in May 2021. Year-to-date sales of 617 were up from last year's sales of 475 for the same period. Homes sold for 102.0% of list price last month.
Prices:
Home prices rose in May 2022. The median price was up 0.7% to $460K from $457K in April 2022, while the average price rose 1.8% to $463K from $455K during the same period. Inventory us still the main factor driving prices upward.
Inventory:
The inventory of available homes rose significantly to 93 homes for sale at the end of the month, a gain of 238% from last month's 39 homes. The Month's Supply of Inventory (MSI) fell to 0.8 months as inventory gains outpaced sales.