This is the February 2020 Real Estate Market Update for Loveland CO Affordable Homes for Sale
If you're renter but would like a better financial alternative, a first-time home buyer, have budget constraints, or are an investor in search of your next project, you already know that the real estate market for affordable homes is a difficult one. Inventory is limited, there is strong competition between buyers, and prices are moving upward. A successful search is going to require close attention to the market and the ability to move quickly when a good opportunity appears.
The showcase at the bottom of this page offers a sample of available affordable homes. Clicking on the "View All Results" link below that provides detailed listing information, always updated and current, for the full current inventory of these homes in real time - if you're currently looking, this would be a good page to bookmark.
There are only 4 homes currently for sale in Loveland CO priced under $300,000, starting at $240,000, and an additional 16 affordable homes under contract and waiting to close.
Sales of affordable homes in Loveland CO were limited by inventory shortages during 2019. There were 169 sold, ranging in price from a low of $93,000 to a high of $300,000, with a median price of $278,000 and an average price of $268,363. Market performance has been excellent, with an average days to get an offer for the homes that sold at 29 days, and an average days on the market of 51. The sale price/list price ratio for these 169 homes was 98.5%, showing a seller's market.
The availability of affordable homes is always changing, so if you want quick notice when one becomes available, let us help - we'll set up an on-going search especially for you, with your own customized web site - you'll be notified as soon as new listings are posted. And when you find a home that appears to meet your needs, please let us know - we'd be happy to schedule a showing for you quickly and at your convenience.