Great NoCo Homes Market Update

Greeley, CO

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Greeley, CO

Sat Feb 04 2023
This week the median list price for Greeley, CO is $468,467 with the market action index hovering around 45. This is less than last month's market action index of 47. Inventory has decreased to 118. 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

Sat Feb 04 2023
This week the median list price for Greeley, CO is $468,467 with the market action index hovering around 45. This is less than last month's market action index of 47. Inventory has decreased to 118. 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 $468,467
Median Price of New Listings $427,500
Per Square Foot $190
Average Days on Market 86
Median Days on Market 63
Price Decreased 42%
Price Increased 8%
Relisted 16%
Inventory 118
Median Rent
Market Action 45
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
$799,000 3,675 0.5 - 1 acre 4 3.5 27 1 3 98
$518,490 2,900 6,500 - 8,000 sqft 4 3 4 6 3 49
$430,000 2,288 6,500 - 8,000 sqft 3 2.5 21 5 7 66
$349,950 1,606 6,500 - 8,000 sqft 3 2 61 6 10 56