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The first four months of 2010 has had a major up lift to the housing market primarily due to the first time home buyer and existing homeowner tax credit.
In Loveland Colorado, the resale year to date home sales jumped 21% (+14% last month) over last year.The tax credits helped home prices in most areas. The median and average existing home price rose in Loveland 3.0 and 6.0% respectively. A great 4 months!
Year to date number of the existing home market:
|
Market Area |
Homes Sold |
Total $ Volume |
High $ |
Low $ |
Median $ |
Average $ |
|
Loveland-Berthoud |
370 |
$90,565,113 |
$925,000 |
$48,000 |
$201,000 |
$244,770 |
Rob Proctor, Broker w/ At Home Realtors, Loveland Colorado
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The tax credits have seemed to help the Loveland Colorado housing market, I wonder what the rest of the year will bring.
In Loveland, the resale year to date home sales jumped 14% over last year. Home prices have jumped as well. The median and average existing home price rose in Loveland 2.5 and 3.3% respectively.
Existing home sales Year to Datenumbers
|
Market Area |
Homes Sold |
Total $ Volume |
High $ |
Low $ |
Median $ |
Average $ |
|
Loveland-Berthoud |
238 |
$58,483,306 |
$925,000 |
$48,000 |
$205,000 |
$245,728 |
The new construction slide has slowed as well. In Loveland new construction is only down 3.6%. This is awsome compared where we were last year.
New construction Year to Date numbers:
|
Market Area |
Homes Sold |
Total $ Volume |
High $ |
Low $ |
Median $ |
Average $ |
|
Loveland-Berthoud |
27 |
$8,701,503 |
$599,900 |
$169,900 |
$319,000 |
$322,278 |
Rob Proctor - Broker, At Home Realtors www.at-home-realtors.com
Your Home Town Real Estate Professional!
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