Hello Everyone:  I've had clients request an overview of Residential sales in the Loveland, Colorado area.  I thought I would also share the information below with you too.  Statistics show price changes from 2013 through the end of 2022

 Hello Everyone:  Below you will find Real Estate Statistics for an 11 county area around Metro Denver. These numbers came from First Alliance Title.

 Hello everyone: 

Below is an article that gives an overall view of what happened in Real Estate in 2022

2022 Statistics from Recolorado.com

Closed Prices

The median closed price of a residential property was 12% more than in 2021—and 55% higher than five years ago! In the Spring, buyers paid an average of 6.8% more than the original list price. However, home price growth did slow during the second part of the year as demand eased. The end of 2022 brought price reductions and sellers who were willing to accept offers lower than the original price they listed. In December, buyers paid an average of 5.7% less than the original list price.

The most active price range, in terms of closings in 2022, was $500-600,000, which represented 20% of all residential property sales. While closings decreased overall in 2022, there was an increase in sales in every price range above $700,000 as home prices remained high. Closings of homes priced above $700,000 increased 5% from 2021 to 2022.

Days in MLS

The pace of sales slowed considerably throughout the year. During the first part of 2022, contracts were executed on homes in a median of four to five days. As demand decreased in the second part of the year, median days in MLS increased significantly. In December, properties were actively for sale in the MLS for a
median of 31 days.

The link to the article is below and has additional information.  Feel free to call and brainstorm with me. 

Entire article: https://blog.recolorado.com/denver-metro-market-watch-2022-year-end-report/

 

This is a Blog and not a “website”, however, I choose to use a blog because it gives me the opportunity to post items I believe are important for buyers and sellers to read off and on.  As you can see, I have not posted in many years.  The reason:  I have been working for a Real Estate Company and had a website through their company.  I am presently an Independent Realtor, part of Loveland/Berthoud Real Estate Association and the Independent Realtors within that group.  So, I decided to go back to my old blog and utilize this instead of creating a website.  I find that websites are good, but most of the information you find on one Real Estate Agents website you can find about anywhere.  I am hoping to find time off and on posting something you might not find everywhere.  Hopefully, I can find time for that.  If you want to look for Homes for sale in Colorado the best site I have found is Recolorado.com  this site is where Real Estate Agents in Colorado Post their homes for sale.  It is real time and you will not miss properties listed because it shows up as soon as a Real Estate Agent makes it go live.  If you need help let me know.  It is very user friendly. I love sharing my knowledge!!! If you have any Real Estate Question, don’t hesitate to reach out to me.  303-880-8771 or dwambs@msn.com  I also have a strong network of people I know in the Real Estate world overall so if you need a Mortgage, Title work, Inspection etc. give me a call.