The Current SituationLoveland Co presents many prospect buyers several options for buying homes on sale. Thanks to the promising real estate market situation, several sellers have now entered the market that were previously sitting out on the bench and waiting for conditions to get better. Because of this reason, Loveland Co homes for sale are readily available for buyers. The new trends in market are putting the demand and supply of houses in a steady equilibrium. The previous norm of considering the real estate market as a seller’s paradise is diminished. Now buyers are the main catalysts stirring up the market by being in charge of naming the price for houses. However lately, there are too many buyers in the market. This in turn puts buyers in competition with each other that is a favorable situation for sellers who sit back and enjoy the bargains and get a good price for their houses.The Latest Stats for Loveland Co Homes for SaleIn order to have an idea about the real estate situation in Loveland, we now round up on some valuable information that would help you in finding your dream home:The available Loveland Co homes for sale in the market are 897. This includes 255 houses that are in some stage of the foreclosure process.
As already stated, the price of property is continuously on a rise. A clear evidence of this fact is the average price per square foot for Loveland homes. The current price per square is $153 which is up 12.5% as compared to the same period last year.
Comparing the same duration, the median home sales price for Loveland homes last year was $200,516. This has now increased to 10.9 percent for 2013.
In 2012, the median sales price was about $180,000.
Between May and June, there was a sale of about 457 homes in Loveland. This is an increase of 4.3 percent from 2011.
The average listing price for Loveland Co homes for sale is $303,732; an increase of 0.6 percent from the week before.
In previous few weeks, the average listing price was about $302,000.The Median Price for Loveland Co Homes for SaleIf you are prospect buyer then you will be extremely happy to know that there many types of homes available in Loveland Co. You can either select a single/multi story house, condo, luxury home, apartment etc. All these houses are available in different styles to suit the varying needs of buyers. You can also choose to go for a refurbished house or select a completely new home on sale. Some of the median prices for Loveland Co homes along with the comparison of median prices for last year are as follows:The median sales price for a 1-bedroom Loveland home is $115,000 which is a 4.8 percent increase from the previous year.
The median sales price for a 2-bedroom home is $153,950, up 5.7 percent year-over-year.
The median sales price for a 3-bedroom home is $189,000, up 2.2 percent from last year.
Lastly, the median sales price for a 4-bedroom Loveland home is $265,000, up 25.9 percent year-over-year.