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IRES: Home sale prices, listings continue to climb

LOVELAND — Median home sale prices in Northern Colorado and the Boulder Valley continued to grow in August, as did listings, according to data compiled by Information and Real Estate Services LLC, the Loveland-based multiple listing service.

  • Loveland saw the highest percentage price climb, with year-over-year median sales price growth of 16.2%, to $573,750 from $493,750. Listings were up 16.1% to 339 from 292. Average days on market were down 9.6% to 47 from 52.
  • The market in Boulder also remained sizzling. The median sales price increased by 15.5%, to $1.47 million from $1.27 million. Active listings went up by 26.8%, to 142 from 112, and average time on market fell to 39 days from 50, a 22% decrease.
  • In Greeley, median sale price grew to $466,745 from $400,000, an 11.7% increase. Listings grew 34.5%, to 265 from 197, but average time on market also grew — 25.6% to 49 days from 39.
  • Median sales prices in Fort Collins increased just 3.6%, to $575,000 from $555,000. Listings were up to 457 from 414, a 10.4% increase. Average days on market fell 22.2%, to 42 from 54.
  • Longmont median prices also saw small growth of 5.9%, to $577,500 from $545,500. Active listings fell 13.4%, to 116 from 134. Time on market was also down to 28 from 32, a 12.5% decrease.
  • Prices in Estes Park went up to $660,000 from $597,000, a 10.5% climb. Active listings were up 29.5%, to 101 from 78. Time on market fell slightly to 59 days from 62, a 4.8% decrease.

Source: BizWest

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