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Loveland CO Re-Sale market update for May 2008

For the first five months the Loveland CO resale market is a little mixed. The number of homes sold (511 homes). is up 4% when compared to last year.

However the median price is down 6% ($195,000) and the average price down 11% ($249,630). On the bright side, the median and average prices have improved since last month.

It is still a great time to buy and sell in Loveland. Our office had three listings in a row that were under contract in 40 to 50 days. When the average days on market is 127 days, that was fantastic and our Seller's loved it.

Rob Proctor Broker, At Home Realtors http:\\www.at-home-realtors.com

Posted Tuesday Jun 17
( 06/18/08 01:38PM ) — Chris Coley - Wells Fargo Home Mortgage

Rob,


Great info. I am starting to hear that activity is picking up in Northern Colorado.


Also, great job on your marketing and sellings listing in less than half the time other homes are selling! Keep up the great work!


Chris Coley, Wells Fargo

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