This is a May 2009 market report for the Greeley, Colorado marketplace. It includes Evans Colorado as well. Data was obtained from the northern Colorado MLS. It does not take into consideration For Sale By Owner data or any listings listed on the Denver Metrolist MLS and not the Northern Colorado MLS.
In May of 2009 140 properties were sold. These properties are either attached or single family residences with at least 1 bedroom.
The average price was $136,017 and the average days on the market was 107. The lowest priced sale was $20,000 and the highest priced sale was $425,000
Compare that to May of 2008
There were 173 sales with the average days on the market of 95 and an average price of $160,905.
Compare to April of 2009
There were 147 sales with an average sales price of $139,805 and average days on the market of 125.
In summary we are down significantly from May of 2008 in average price and up in time on the market. I feel this is due not totally because of more foreclosures on the market now then this time last year, but that it is much harder for buyers to get a mortgage now then it was in May of 2008. In fact in May of 2008 71 bank owned properties were sold compared to 50 in May of 2009.
Currently in the Greeley Colorado Real Estate Market there are 891 homes for sale through the Multiple Listing Service. The highest priced listing is $8,000,000 and the lowest priced listing is $28,600.
Is one of those 891 homes meant for you?
For information about Greeley Colorado Real Estate visit my website at www.greeley-weldcountyhomesforsale.com.
If you have questions you can call me at 970-302-1233 or fill out the form at the end of the article to send me an e-mail.
Marc Oster
