October 2011 Greeley real estate market statistics are in! Each month we track the following leading market indicators for Greeley, Colorado:
- Under Contract = Number of properties under contract
- Sold = Number of sold properties
- Months Supply of Inventory = The MSI is an estimate of how long it will take for all the homes in a market area to be sold, or absorbed, based on the number of homes currently on the market and the rate that homes have sold in the past. A market is considered balanced when the MSI falls between 5-7 months. Under 5 months is considered a seller’s market and over 7 months is considered a buyer’s market.
 |
 |
October 2011
|
|
’09 |
’10 |
’10 |
% Change
Between
’10-’11 |
Under Contract
|
320 |
229 |
284 |
24% |
| Sold |
276 |
244 |
265 |
9% |
Months Supply
of Inventory
|
5.3 |
7.9 |
5.1 |
-35% |
|
October 2011
|
|
’09 |
’10 |
’11 |
% Change
Between
’10-’11 |
Under Contract
|
20 |
20 |
21 |
5% |
| Sold |
20 |
19 |
25 |
32% |
Months Supply
of Inventory
|
11.8 |
8.8 |
5.6 |
-36% |
|
| September 2011 |
|
’09 |
’10 |
’11 |
% Change
Between
’09-’11 |
Under Contract
|
266 |
245 |
271 |
11% |
| Sold |
287 |
233 |
262 |
12% |
Months Supply
of Inventory
|
6.8 |
8.0 |
5.7 |
-29% |
|
September 2011
|
|
’09 |
’10 |
’11 |
% Change
Between
’09-’11 |
Under Contract
|
25 |
18 |
20 |
11% |
| Sold |
28 |
14 |
22 |
57% |
Months Supply
of Inventory
|
10.5 |
10.9 |
6.4 |
-41% |
|
August 2011
|
|
’09 |
’10 |
’10 |
% Change
Between
’10-’11 |
Under Contract
|
273 |
228 |
258 |
13% |
| Sold |
288 |
234 |
252 |
8% |
Months Supply
of Inventory
|
6.8 |
8.7 |
5.9 |
-32% |
|
August 2011
|
|
’09 |
’10 |
’11 |
% Change
Between
’10-’11 |
Under Contract
|
31 |
18 |
21 |
17% |
| Sold |
33 |
22 |
23 |
5% |
Months Supply
of Inventory
|
9.5 |
11.1 |
6.7 |
-40% |
|
Thanks for reading our Greeley Real Estate Blog!
Posted By: Keller Williams Realty of Northern Colorado – Greeley Real Estate Agents,
specializing in Greeley Real Estate and Northern Colorado Real Estate
View Pictures of Greeley
970.353.6677
