Loveland Monthly Market Update – Single Family Homes

City of Loveland / Berthoud Single Family Homes (Detached)

Information provided by IRES and Metrolist Information Services.

(Rolling 12-Month Comparison)

LOVELAND SINGLE FAMILY HOMES 2017 YTD 2018 % Change
Total Units Sold 2,427 756
Average Sales Price $410,787 $435,847 +6.1%
Median Sales Price $360,000 $391,523 +8.7%
Average Days to Contract 35 38 +8.5%

 

(Single Family Homes – % Under Contract)

SINGLE FAMILY HOMES 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 $500K 54% 55% 62% 61% 55%
$500K-$750K 35% 36% 44% 48% 45%
$750K-1MM 31% 27% 34% 41%
$1MM+ 31% 19% 21% 12% 13%
OVERALL % U/C 46% 48% 53% 53% 49%

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES 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 483 538 588 686 718

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES 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 122 96 129 130 226

 

(Single Family Homes – Absorption Rate in Months) Based off 6-month sales average

SINGLE FAMILY HOMES 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 5.08 4.41 5.1