This is the April 2025 Real Estate Market Update for Loveland CO
Sales:
Home sales increased in Loveland CO in March 2025, the usual time for the start of the busier spring season. There were 110 homes sold, a gain of 11.1% from the 99 sold in February 2025, but a drop of 6.8% from the 118 homes sold in March 2024. Year-to-date sales of 296 were down 3.6% from last year’s 307 for the same period.
Prices:
Home prices were mixed in March 2025. The median price rose 4.9% to $582K from $555K in February 2025, while the average price fell 1.2% to $695K from $703K for the same period. Please keep in mind that these results reflect only those specific homes sold during the month and are therefore subject to random variations, while the overall price trends give a better idea of what is happening.
Inventory:
The inventory of available homes in Loveland CO was up in March 2025, as expected for this time of year. There were 343 homes on the market at the end of the month, a gain of 14.0% from the 307 homes for sale at the end of February 2025. The Month’s Supply of Inventory (MSI) remained at 3.1 months.
Sales Price vs. List Price:
In March 2025, homes in Loveland CO sold for 98.5% of asking price, down from 98.9% in February 2025.
Summary:
The March housing statistics are representative of a more-or-less typical start for the spring season, with sales and inventories rising. However, with the exception of the inventory statistic, these results are for real estate closings that were mostly based on contracts made in January and the first part of February, 2025. Consequently, it is unlikely that what would normally be a good start to a new year can give us much insight into what is likely to happen in coming months.
There is simply too much uncertainty – too many “what ifs” and “what abouts” the short-, mid-, and long-term impacts of the present direction of the economy - for us to make reasonably confident predictions about where we’re headed.
In the meantime, we’re like that kid in the old joke who’s hoping that there’s a pony in there somewhere. Stay tuned and we’ll do our best to keep you informed – and please give us a call if you have questions or just want to chat about real estate.