This is the September 2019 Real Estate Market Update for New Homes for Sale in Greeley CO
With limited inventory and rising prices in the home resale market, home buyers are finding that the new home market offers some interesting alternatives - but unfortunately, there is little relief in the lower price ranges. The showcase at the bottom of this page contains a selection of new homes currently for sale in Greeley CO, and clicking the "View All Results" link just below that will provide access to detailed listing information, updated and always current, for the full MLS inventory of these homes.
There are 277 new homes for sale in the Greeley area, priced from a low of $273,800 to a high of $1,800,000. Of these 277 homes, 106 are complete and ready for occupancy, 135 are under construction, and 36 are yet to be built. The last two of these categories offer the best opportunities for choosing options and upgrades. There are another 261 new homes under contract and waiting to close.
New homes have been very strong in the Greeley area so far this year. There have been 963 new homes sold, ranging in price from a low of $237,000 to a high of $778,020, with a median price of $358,087, and an average price of $377,721. Market performance has been good - the average days to get an offer for the homes that sold was 48 days, with an average days on the market of 102. The sale price/list price ratio for these 963 homes was 100.0% of listing price.
Note: For sales of new homes, sale prices can exceed list price because options and upgrades are added to the base list price. Similarly, new homes generally take longer to close than resale homes because of construction time.
There is constant change in the inventory of new homes, so if you would like to watch for new listings, 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 appears to be a good match, please give us a call – we would be delighted to schedule a showing for you at your convenience.