First American Market Report

Greeley, CO

Condos/Townhomes

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Greeley, CO

Sun Jul 12 2020
This week the median list price for Greeley, CO is $292,400 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has held steady at or around 96. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Sun Jul 12 2020
This week the median list price for Greeley, CO is $292,400 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has held steady at or around 96. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $292,400
Per Square Foot $146
Days on Market 56
Price Decreased 27%
Price Increased 0%
Relisted 22%
Inventory 96
Median Rent $1,400
Most Expensive $2,000,000
Least Expensive $175,000
Market Action 33
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$422,250 3,257 8,000 - 10,000 sqft 3 2 44 1 1 79
$324,500 2,592 0 - 4,500 sqft 3 2 16 2 4 60
$258,500 1,514 4,500 - 6,500 sqft 2 2 15 1 3 61
$229,950 1,324 0 - 4,500 sqft 2 2 20 5 1 24