This is the May 20290 Real Estate Market Update for Loveland CO New Homes for Sale
With the resale home market experiencing inventory shortages, home buyers have found some relief in new home construction, which has been active and thriving for several years now. The showcase below contains a selection of new homes available in Loveland CO. Clicking the "View All Results" link below that will provide detailed listing information, always updated and current, for the complete MLS inventory of these homes.
There are 151 new homes on the market in Loveland CO, ranging in price from a low of $268,390 to a high of $2,250,000. Of these 151 homes, 32 are complete and ready for occupancy, 96 are under construction, and 23 are yet to be built - the last two of these categories offer the best chances for choosing finishes, upgrades and features. There are another 146 new homes under contract and waiting to close.
Sales of new homes have been strong so far this year in Loveland CO. There were 142 new home sales, priced from a low of $285,342 to a high of $1,525,000, with a median price of $411,561, and an average price of $490,065. Average days to get an offer for the homes that sold was 58 days, with an average days on the market of 103. The sale price/list price ratio for these 142 homes was 100.9%.
Note: For new home sales, the sale price may exceed 100% of list price because of buyer upgrades and options, and the days on market may be longer than usual, due to construction time.
There is frequent change in the inventory of new homes, so if you want to follow this market segment, 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 appeals to you, please give us a call – we’d be happy to schedule a showing for you at your convenience.