This is the August 2019 Real Estate Market Update for Loveland CO Affordable Homes for Sale
If you're working with a limited budget, are tired of spending money on rent, are a first-time home buyer, or are looking for a good investment property, you already know that the real estate market for affordable homes is a difficult one. Available inventory has been extremely low for several years now, competition for those homes is fierce, and prices have been trending upward. You'll need to watch the market closely and be willing and able to move quickly when the right opportunity arises.
You'll find some help in the showcase at the bottom of this page, which contains a sample of affordable homes currently on the market. More importantly, clicking on the "View All Results" link just below that will provide access to detailed listing information, always updated and current, for the full inventory of these homes, so you can bookmark this page to keep current.
There are only 20 homes priced under $300,000 on the market at this time in Loveland CO, starting at $169,900. 5 of these are manufactured, modular or mobile homes. There are another 26 affordable homes under contract and waiting to close.
Sales of affordable homes have been limited by inventory shortages so far this year in Loveland CO. There have been 93 sales, ranging in price from a low of $93,000 to a high of $300,000, with a median price of $275,000 and an average price of $259,798. Market performance has been very good, with an average days to get an offer for the homes that sold at 26 days, and an average days on the market of 48. The sale price/list price ratio for these 93 homes was 96.5%.
The inventory of affordable homes fluctuates constantly, so if you want to watch for new listings, 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 might meet your needs, please let us know - we'd be happy to schedule a showing for you quickly and at your convenience.