Despite fewer homes being sold in Loveland Colorado, the average price is holding it's own compared to the rest of the country. This is a great area to invest and to live.
Here is a chart showing what the home market has done over the last 10 years for the
Loveland/Berthoud Residential Sales Statistics for resale & new construction
| Year | # of Homes | % Change | Dollar Value | % Change | Average Sales Price | % Change |
| 1998 | 1816 | 12% | $ 288,889,280 | 18% | $ 159,080 | 6% |
| 1999 | 1751 | -4% | $ 307,358,050 | 6% | $ 175,533 | 10% |
| 2000 | 1965 | 12% | $ 379,419,885 | 23% | $ 193,089 | 10% |
| 2001 | 1866 | -5% | $ 392,471,195 | 3% | $ 210,327 | 9% |
| 2002 | 2045 | 10% | $ 445,880,256 | 14% | $ 218,034 | 4% |
| 2003 | 1976 | -3% | $ 438,846,011 | -2% | $ 222,088 | 2% |
| 2004 | 2162 | 9% | $ 514,310,240 | 17% | $ 237,886 | 7% |
| 2005 | 2142 | -1% | $ 531,754,516 | 3% | $ 248,251 | 4% |
| 2006 | 1820 | -15% | $ 464,160,780 | -13% | $ 255,033 | 3% |
| 2007 | 1604 | -12% | $ 392,540,165 | -15% | $ 244,726 | -4% |
| 2008 | 1467 | -9% | $ 350,466,694 | -11% | $ 238,900 | -2% |
Currently we we have about 6.7 months of inventory for the resale market. this is down substantially from the 8.6 the month before. It won't be long until we are in a neutral market.
Rob Proctor, Broker At Home Realtors, http://www.at.home.realtors.com
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