This is the March 2020 Real Estate Market Update for Loveland CO
The spring thaw has not yet arrived for the Loveland CO real estate market. There were 101 homes sold in February 2020, the same number of sales as in January 2020, and very close to the 104 sales of February 2019.
Loveland CO home prices were again mixed in February 2020. The median price rose to $400K, a gain of 0.8% from $397K in January, and the average price fell 2.4% to $447K from $458K in the same period. There is little significance to these particular changes - they are almost surely random variations in the prices of specific homes sold each month.
The inventory of homes for sale declined slightly in February 2020, with 289 homes for sale at the end of the month, a drop of 1.7% from the 294 at the end of January 2020. The Month’s Supply of Inventory (MSI) held steady at 2.9 months, with no real change in the underlying numbers.