Great NoCo Homes Market Update

Greeley, CO

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Greeley, CO

Sat Nov 27 2021
This week the median list price for Greeley, CO is $465,675 with the market action index hovering around 69. This is less than last month's market action index of 77. Inventory has increased to 108. 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 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

Sat Nov 27 2021
This week the median list price for Greeley, CO is $465,675 with the market action index hovering around 69. This is less than last month's market action index of 77. Inventory has increased to 108. 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 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 $465,675
Median Price of New Listings $377,900
Per Square Foot $176
Average Days on Market 49
Median Days on Market 28
Price Decreased 31%
Price Increased 28%
Relisted 16%
Inventory 108
Median Rent $2,000
Market Action 69
Strong Seller's Market

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
$699,990 3,878 0.5 - 1 acre 4 3 23 3 4 63
$496,643 3,029 4,500 - 6,500 sqft 4 3 0 2 2 28
$439,000 2,418 4,500 - 6,500 sqft 3 2.5 0 4 7 28
$300,000 1,528 6,500 - 8,000 sqft 3 2 71 8 9 7