BAP Blog What is going on in the Greeley Colorado Real Estate Market by RE/MAX Alliance agent Marc Oster
What is going on in the Greeley Colorado Real Estate Market by RE/MAX Alliance agent Marc Oster
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November 21, 2009, by Marc Oster

People are asking me all the time what the market is like in Greeley Colorado.  Is it up?  Is it down?  Is it beginning to stabilize?  Are there still lots of foreclosures? 

Here's a quick snap shot of the Greeley/Evans Real Estate market.

Currently on the Multiple Listing service and if agents have labelled their listings correctly and honestly (sometimes that doesn't happen) there are 78 listings that are foreclosure or HUD homes.  There are 522 fair market or retail homes on the market.   There are also 166 short sale homes for sale.  What's a short sale?  That's kind of a new term that has really grown steam in the last year or so.  Watch the video below to learn more about what short sales are. 

 

So you can see there currently are more short sale listings right now in Greeley Colorado then even foreclosures.  But short sales don't always go through and it usually takes a couple months or more to be able to buy a short sale listing.

What kind of properties are actually selling in Greeley Colorado?  We'll just take the last 6 months to see.  

486 fair market or retail homes have sold in the last 6 months.  70 short sale listings have sold, and 249 foreclosure or HUD homes have sold.  

So while there are more short sale homes on the market currently not to many of them actually sell compared to foreclosures and retail listings. 

There are so many ways to look at what is happening in the Greeley Colorado real estate market with regard to homes for sale and homes actually selling.  This is just an overview of what kind of sales have been happening.  Short sales, REO or retail sales. 

If you would like to know about a more specific type of property and the activity on those kinds of homes just send an e-mail to me by using the form below.  Or call me at 970-302-1233. 

Feel free to visit my Greeley Colorado homes for sale website at www.greeley-weldcountyhomesforsale.com.

Also you can visit my Greeley  and Weld County Colorado RE/MAX website at www.weldcountyproperty.com.

Thanks,

Marc Oster

RE/MAX Alliance.

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