This is the October 2021 Real Estate Market Report for Loveland CO
Sales:
There were 205 home sales in Loveland CO in October 2021, essentially unchanged from the 204 homes sold in September 2021, and down 24.3% from the 255 homes sold in October 2020. 2021 year-to-date sales of 2037 homes are down 0.7% from 2020's 2,052 homes.
Prices:
Home prices rose in October 2021. The median price rose to $508K from September's $494K, a gain of 2.8%, while the average price rose to $607K from $579K, a gain of 4.3%. Monthly price variations are common, so we look to the long-term trend line for a feel for what's happening with prices.
Inventory:
Inventory declined in October 2021, with 161 homes for sale at the end of the month, a drop of 4.9% from 169 at the end of September 2021. The Month's Supply of Inventory (MSI) held steady at 0.8 months, as inventory declines matched the drop in sales.