This is the November 2019 Real Estate Market Report for Loveland CO Affordable Homes for Sale
Renters seeking better financial alternatives, first-time home buyers, those with budget constraints, or investors in search of their next project most likely are already aware that the real estate market for affordable homes is a difficult one. Inventory has been scarce for several years now, there is strong competition between buyers, and prices are moving upward. Success in this portion of the market requires close attention and a willingness and ability to move quickly when a good opportunity arises.
The showcase at the bottom of this page contains a selection of available affordable homes. And clicking on the "View All Results" link just below that offers access to detailed listing information, always updated and current, for the complete current inventory of these homes in real time - if you're currently seeking an affordable home, this would be a good page to bookmark.
There are only 19 homes priced under $300,000 currently for sale in Loveland CO, starting at $162,500. 6 of these are manufactured, modular or mobile homes. There are an additional 22 affordable homes under contract and waiting to close.
Inventory shortages have constrained affordable home sales in Loveland CO so far in 2019. There have been 142 sales, priced from a low of $93,000 to a high of $300,000, with a median price of $275,948 and an average price of $267,665. Market performance has been excellent, with an average days to get an offer for the homes that sold at 24 days, and an average days on the market of 46. The sale price/list price ratio for these 142 homes was 98.6%, indicative of a seller's market.
There is frequent change in the availability of affordable homes, so if you want to follow what's happening with these homes, we can 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 looks like a good match, please let us know - we'd love to schedule a showing for you quickly and at your convenience.