Great NoCo Homes Market Update

Greeley, CO

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Greeley, CO

Tue Aug 09 2022
This week the median list price for Greeley, CO is $480,500 with the market action index hovering around 56. This is less than last month's market action index of 66. Inventory has increased to 199. 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.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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

Tue Aug 09 2022
This week the median list price for Greeley, CO is $480,500 with the market action index hovering around 56. This is less than last month's market action index of 66. Inventory has increased to 199. 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.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $480,500
Median Price of New Listings $428,500
Per Square Foot $187
Average Days on Market 41
Median Days on Market 28
Price Decreased 43%
Price Increased 7%
Relisted 14%
Inventory 199
Median Rent
Market Action 56
Strong Seller's Market

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
$799,900 4,103 0.5 - 1 acre 4 3.5 25 6 7 42
$505,850 2,883 6,500 - 8,000 sqft 4 3 7 6 8 28
$453,337 2,556 6,500 - 8,000 sqft 3 2.5 0 5 8 28
$385,000 1,875 6,500 - 8,000 sqft 3 2 62 17 20 14