Sales:

Home sales were up in Greeley CO in May 2025. There were 102 homes sold, an increase of 41.7% from the 72 sales in April 2025, but a drop of 8.2% from the 111 homes sold in May 2024. Year-to-date sales of 370 homes were down 6.1% from last year’s 394 sales for the same period.

Prices:

Home prices were mixed in May 2025. The median price rose 3.8% to $ $466K from last month’s $449K, while the average price fell 11.1% to $467K from $525K for the same period. Please keep in mind that these results reflect only those specific homes sold during the month and are therefore subject to random variations, while the overall price trends give a better idea of what is happening.

Inventory:

The inventory of available homes in Greeley CO rose 2.1% to 189 on the market at the end of May 2025, from 159 homes at the end of April 2025. The Month’s Supply of Inventory (MSI) fell to 1.9 months from April’s 1.8 months, as sales outpaced inventory gains.

Sales Price vs. List Price:

In April 2025, homes in Greeley CO sold for 99.8% of asking price, unchanged from April 2025.

Summary:

During May 2025 in Northern Colorado, home sales and inventory increased, without much impact on home prices. As we noted last month, the northern Colorado real estate market is functioning more or less normally for the season, with active buyers, willing sellers, and available inventory and financing.

But beneath that normality lies a great amount of uncertainty regarding the future of the economy. The potential impacts of tariffs and other emerging economic policies on prices, employment and interest rates aren’t measurable at this time - those policies are still fluidly defined and still exist mostly within the realm of possibility. The good news is that, in spite of that uncertainty, the housing market isn’t yet showing any signs of fragility or disruption.

But what is happening now isn’t giving us much of a read on what to expect from the coming months, and while we’d much rather provide you with some good forecasts of what’s in store for the market, we really don’t have any solid basis for doing so yet.

But we are keeping a close watch on what’s happening, and as soon as we get some idea of how things will be playing out, we’ll let you know what we think. And in the meantime, please give us a call if you have any questions or just want to chat - we’re always available to talk with you.