Loveland Monthly Market Update – Condominium/Townhome

City of Loveland / Berthoud Condominium/Townhome (Attached)

Information provided by IRES and Metrolist Information Services.

(Rolling 12-Month Comparison)

LOVELAND ATTACHED DWELLINGS 2017 YTD 2018 % Change
Total Units Sold 284 150
Average Sales Price $281,741 $308,192 +9.4%
Median Sales Price $268,000 $300,500 +12%
Average Days to Contract 27 54 +100%

(Attached Dwelling – % Under Contract)

ATTACHED DWELLINGS May 17’ Jun 17’ Jul 17’ Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’
UNDER $250K 69% 67% 96% 88% 68%
$250K+ 59% 59% 69% 67% 58%
OVERALL % U/C 64% 72% 73% 70% 59%

 

(Attached Dwelling – Inventory)

ATTACHED DWELLINGS May 17’ Jun 17’ Jul 17’ Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’
LOVELAND 132 137 146 155 144

 

(Attached Dwelling – # Sold)

ATTACHED DWELLINGS May 17’ Jun 17’ Jul 17’ Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’
LOVELAND 18 22 23 29 46

 

(Attached Dwellings – Absorption Rate in Months) Based off 6-month sales average

ATTACHED DWELLINGS May 17’ Jun 17’ Jul 17’ Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’
LOVELAND 6.95 4.91 5.2