This is the August 2020 Real Estate Market Report for Loveland CO Affordable Homes for Sale
If you are searching for your first home, are a renter looking to turn a monthly expense into an investment, or are an investor on the hunt for your next project, you're probably already aware that the Loveland CO affordable home market is a difficult one to navigate. High demand and low inventory are moving prices upward, and competition is fierce. Successful buyers are generally those who are watching the market closely and are ready to move quickly when a good opportunity arises.
The showcase at the bottom of this page provides a selection of affordable homes that are available now. The "View All Results" link below offers detailed listing information, always updated and current, for the full current inventory of these homes - if you're currently searching these homes, bookmarking this page would provide a useful resource.
There are only 10 affordable homes on the market in Loveland CO priced under $300,000, starting at $224,000. 3 of these 10 are modulars on leased lots in an age-restricted community. There are an additional 12 affordable homes under contract and waiting to close.
Constrained by low inventory conditions, sales of affordable homes in Loveland CO have been moderate so far this year. 74 have sold, priced from a low of $155,000 to a high of $300,000, with a median price of $276,000 and an average price of $266,010. Market performance has been very good, with an average days to get an offer for the homes that sold at 24 days, and an average days on the market of 48. The sale price/list price ratio for these 74 homes was 98.4%.
There is frequent change in the availability of affordable homes, so if you want to track 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 seems to fit your needs, please let us know - we'd be happy to schedule a showing for you quickly and at your convenience.