Greeley CO November 2011 Real Estate Market Report

Here is the Greeley CO November 2011 Real Estate Market Report:

November Property sales were 80, up 1.3% from 79 in November of 2010 and 26.6% lower than the 109 sales last month. November 2011 sales were at a mid level compared to November of 2010 and 2009. November year-to-date sales of 1,122 are running 4.9% behind last year's year-to-date sales of 1,180.

The Median Sales Price in November was $123,200, up 15.7% from $106,500 in November of 2010 and down 6.7% from $132,000 last month. The Average Sales Price in November was $141,700, up 10.9% from $127,766 in November of 2010 and up 3.7% from $136,658 last month. The November 2011 Average Sales Price was at a mid range compared to November of 2010 and 2009.

The Total Inventory of Properties available for sale as of November was 440, up 0.7% from 437 last month and down 28.1% from 612 in November of last year. November 2011 Inventory was at its lowest level compared with November of 2010 and 2009. The Average Days On Market for November was 75, down 17.6% from 91 days last month and down 12.8% from 86 days in November of last year. The November 2011 Average Days On Market was at its lowest level compared with November of 2010 and 2009.

Greeley's real estate market data continue to show some small signs of improvement once seasonal trends are accounted for, but any significant positive change will be dependent on recovery of the regional and national economies. For buyers ready to make a move, this market offers some outstanding opportunities, with very attractive pricing and great interest rates.

If you'd like to take a closer look at what's available, just Search Real Estate Listings for the homes currently on the market in Greeley CO. We'd love to show you any of these homes that seem interesting - please give us a call and we'll set up some showings at your convenience.