First American Market Report

Greeley, CO

Condos/Townhomes

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Greeley, CO

Fri Feb 21 2020
This week the median list price for Greeley, CO is $275,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has held steady at or around 55. Click here to stay informed with the Greeley market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Greeley, CO

Fri Feb 21 2020
This week the median list price for Greeley, CO is $275,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has held steady at or around 55. Click here to stay informed with the Greeley market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Greeley market.
Median List Price $275,000
Per Square Foot $165
Days on Market 52
Price Decreased 18%
Price Increased 0%
Relisted 15%
Inventory 55
Median Rent $1,125
Most Expensive $1,850,000
Least Expensive $14,700
Market Action 37
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$485,000 3,187 8,000 - 10,000 sqft 7 4 102 0 2 47
$299,950 2,306 0 - 4,500 sqft 3 2 16 2 1 43
$250,000 1,249 4,500 - 6,500 sqft 2 2 19 1 3 47
$203,500 1,218 0 - 4,500 sqft 2 1 20 0 0 69