This is the February 2019 Real Estate Market Update for Loveland CO Affordable Homes for Sale
If you're searching for an affordable home in Loveland CO as a first-time home buyer with a limited budget, are an investor, or are a renter wanting a better financial alternative, you probably already know that homes priced under $300K - our threshold for affordable homes - continue to be in very limited supply. And you most likely also know that you're facing stiff competition from other buyers for these homes. For a successful outcome to your search, you'll need to pay close attention to the market and be willing and able to move quickly when the right opportunity arises.
A sample of available affordable homes can be found in the showcase at the bottom of this page, and the complete inventory of affordable homes, always updated and current, can be accessed by clicking the "View All Results" link just below that.
There are only 14 homes priced under $300,000 currently for sale in Loveland CO, starting at $149,450, with an additional 23 affordable homes under contract and waiting to close.
The low number of available affordable homes has sales off to a slow start so far in 2019. There have been 9 sales, ranging in price from a low of $175,000 to a high of $300,000, with a median price of $280,000 and an average price of $265,500. Market performance has been excellent, with an average days to get an offer for the homes that sold at 15 days, and an average days on the market of 74. The sale price/list price ratio for these 9 homes was 98.2%, showing high buyer demand and a moderate seller's market.
The inventory of affordable homes changes constantly, so if you'd like to watch for new listings to come on the market, 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.