Loveland Home Sales Update Covering March 2017 | Loveland Homes For Sale | Clermont Homes For Sale
The Loveland home sales update shows Loveland as the leader in the area for home prices. The average price of all homes currently active on the market is $506,867 and the average list price for homes that closed during the month was $298,205. The percentage of sale price to list price is also one of the strongest in the area!
Of concern is the number of higher priced homes that are not selling. Homes priced over $600,000 have been very slow to sell. When doing an update a couple weeks ago in the Oasis area, there had only been one sale in the last 6 months in the higher price range and only one pending. With the available choices, it is interesting that more luxury home buyers are not being pulled to the area.
For the averages, please see the graph below.
Loveland School District Market Update (Each month is the previous 6 months totals & averages)
Active Listings Pending Listings Sold Listings Avg Active Price Avg Sold Price % of List
To Sale PriceAbsorption Rate
> 6 = Buyer's Market
< 5 = Seller's Market Avg Days
On Market
January, 2017 81 38 185 $497,888 $288,664 97.19% 3.9 47
February, 2017 81 55 167 $506,495 $291,787 96.99% 4.9 52
March, 2017 84 68 156 $506,867 $289,749 97.16% 5.8 49
April, 2017 104 71 154 $503,010 $294,848 97.23% 6.8 46
May, 2017 112 86 175 $477,341 $297,700 97.92% 6.8 41
June, 2017 120 77 199 $459,160 $297,776 97.84% 5.93 33
July, 2017 130 69 238 $456,436 $312,532 97.9% 5.0 36
August, 2017 119 45 253 $475,818 $335,341 98.12% 3.9 41
September, 2017 112 51 258 $488,301 $335,907 97.83% 3.8 41
October, 2017
November, 2017 99 45 269 $483,289 $322,535 97.73% 3.2 43
December, 2017 92 27 239 $464,882 $322,472 97.54% 3 46
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