Greeley would be sold out of homes in three weeks if no new listings came on the market.
There are only 92 single-family homes for sale with a Greeley mailing address. At the current pace of sales, they would all be gone in less than a month.
Greeley is not alone is this low-inventory environment. Fort Collins and Loveland would each take 1 month to sell out and Windsor would take 2.
In some price ranges and in some mico-markets we measure inventory not in months, but in hours.
This is the story of today’s market. Low inventory and high demand is causing prices to escalate and bidding wars to take place.
This can be a frustrating environment for buyers, especially in price ranges below $400,000.
There are strategies which buyers can use to help their offers to stand out in this competitive environment. We put a short video together that walks buyers through these proven methods.
To watch the video, CLICK HERE.