Sales:

Home sales declined in Greeley CO during May 2026. There were 84 home sales, a drop of 9.6% from the 93 sales in April 2026, and a drop of 17.6 % from the 102 homes sold in May 2025. 2026 year-to-date sales of 367 were almost equal to the 370 sold for the sale period last year.

Prices:

Home prices were mixed in May 2026. The median price rose to $440K from $435K in April 2026, while the average price fell to $481K from $493K 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. So far this year, the overall price trend has been upward.

Inventory:

The number of homes for sale in Greeley CO rose substantially in May 2026, with 207 homes on the market at the end of the month, up 23.2% from April’s 168 homes for sale. The Month’s Supply of Inventory (MSI) rose to 2.5 months at the end of May from 1.8 months at the end of April.

Sales Price vs. List Price:

In May 2026, homes in Greeley CO sold for 99.8% of asking price, up from April’s 99.5%.

Summary:

Our statistics for May 2026 are still showing results typical of the season, most likely because the numbers are based on contracts written 1-2 months ago and thus run behind the effects of current events.

Those events - primarily the war in the middle east and its specific economic impact - have yet to disclose their impact on the housing market, as well as on the overall economy, but we can expect that impact will begin to show up more visibly the longer that situation remains unresolved. There is also some unease about the overall stability of the economy and economic uncertainty generally isn’t the best environment for the housing market, but as we mentioned last month, real estate’s strength in acting as a relatively safe harbor in difficult economic times may act to lessen somewhat the negative impacts – but that also may be wishful thinking.

In any event, at the current time, we’re mostly seeing a normally functioning real estate market. We will, as usual, be keeping a close watch, and we’ll do our best to keep you informed. And please know that we’re always here to answer your questions and concerns or just chat about real estate – please give us a call anytime.