Greeley CO January 2012 Real Estate Market Report

Here is the Greeley CO January 2012 Real Estate Market Report:

December Property Sales were 88, up 7.3% from 82 in December of 2010 and 8.6% higher than the 81 sales last month. December 2011 sales were at their highest level compared to December of 2010 and 2009. December year-to-date sales of 1,212 are running 4.0% behind last year's year-to-date sales of 1,262.

The Median Sales Price in Greeley CO for December was $132,000, down 4.5% from $138,150 in December of 2010 and up 6.5% from $124,000 last month. The Average Sales Price in December was $149,067, up 6.1% from $140,435 in December of 2010 and up 4.8% from $142,235 last month. The December 2011 Average Sales Price was at the highest level compared to December of 2010 and 2009.

The Total Inventory of Properties available for sale as of December was 391, down 6.0% from 416 last month and down 31.6% from 572 in December of last year. December 2011 Inventory was at its lowest level compared with December of 2010 and 2009. The Average Days On Market for December was 86, up 14.7% from 75 days last month and up 48.3% from 58 days in December of last year. The December 2011 Average Days On Market was at a mid level compared with December of 2010 and 2009.

The real estate market data for Greeley CO is still showing steady but small signs of improvement, once seasonal trends are factored in. However, significant positive local change will be require a recovery of the regional and national economies. For buyers ready to make a move, this market continues to offer 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.