It’s a great time to be a Loveland area home seller, according to the most recent data from the real estate website Trulia.

Not only has the median home sales price increased over the last several weeks, but so has the average price per square foot on area homes!

Continue reading to learn more about the current state of the Loveland housing market, and how it benefits you as an area home seller.

Loveland Homes

Here’s a brief overview of the most recent market activity in this Northern Colorado real estate market:

  • Currently there are 873 resale and new homes in Loveland, including 281 in some stage of the foreclosure process.
  • Between October and December, the average price per square foot for a home was $140, up 3.7 percent when compared to the same period last year.
  • Meanwhile, the median sales price for Loveland homes was $195,000 between October and December. That number represents an 8.3 percent increase form the same period in 2010.
  • During that period in 2010, the median sales price was $180,000.
  • During the week ending on January 4, the median sales price for a 2-bedroom Loveland home was $143,000
  • The median sales price for a 3-bedroom home was $194,000
  • And the median sales price for a 4-bedroom home was $270,000
  • Here’s how neighboring communities compared in terms of median sales price:

Johnstown: $202,125
Milliken: $145,500
Mead: $207,000
Platteville: $168,000
Gilcrest: $84,000
Berthoud: $244,500

  • During the week ending on January 4, the average listing price for a Loveland property was $335,788, down 0.1 percent when compared to the week before.
  • Here’s how neighboring communities compared in terms of average listing price:

Johnstown: $249,142
Milliken: $178,095
Mead: $317,750
Platteville: $269,233
Gilcrest: $163,633
Berthoud: $417,919

Your Loveland Area REALTORS

The above data on the Loveland real estate market is great news if you’re a Northern Colorado home seller.

Despite the fact that the average listing price has fallen slightly, the median sales price has continued to rise.

This means that you as a home seller have more bargaining room when it comes to setting the list price on your own Loveland property.

This is no doubt a welcome change for many home sellers, who have had to lower their list price in recent years because of the sluggish housing market.

For expert advice on the most effective way to use current market conditions to your advantage as a home seller, be sure to contact me, Jason Humpal, today!

I’ll explain the exclusive marketing plan I offer to all Northern Colorado home sellers as well as provide you with such helpful home selling tools as:

Until next time,

Jason