Is Loveland, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Loveland has remained a Seller's Market.
Housing Prices in Loveland, CO
How much do homes in Loveland, CO cost?
Median Sold Price
$501,093
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Loveland was $501,093 in May 2024, down 1.1% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $327K | $319K | -2.4% |
2 Bedrooms | $376.6K | $386.1K | +2.5% |
3 Bedrooms | $481.5K | $483.8K | 0.5% |
4 Bedrooms | $565K | $547K | -3.2% |
5+ Bedrooms | $667.2K | $657.5K | -1.5% |
Summary: Loveland housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes decreased by 1.5%.
Housing Supply in Loveland, CO
How many homes are available in Loveland, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
428 | 511 | +19.4% |
Summary: The Loveland real estate market had 511 homes for sale in May 2024, a 19.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 64 | 77 | +20.3% |
3 Bedrooms | 162 | 183 | +13.0% |
4 Bedrooms | 135 | 169 | +25.2% |
5+ Bedrooms | 64 | 79 | +23.4% |
Summary: The Loveland housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20.3%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 25.2%, and 5+ bedroom homes increased by 23.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
113 | 126 | +11.5% |
Asking Price vs. Sold Price
40 Homes Were Sold
Under Asking
37 Homes Were Sold
At Asking
49 Homes Were Sold
Over Asking
Summary: A total of 126 homes were sold or pending in Loveland in May 2024, up by 11.5% month-over-month. Of the 126 sold homes, 32% were sold under asking, 29% were sold at asking, and 39% were sold over asking.
Days on Market for Loveland, CO
How long does it take to sell a home in Loveland, CO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 58 Days | +34.1% |
Summary: Homes in Loveland had an average of 58 days on market in May 2024, up by 34.1% compared to last year.
Breakdown of Home Sale Times
51 Homes Were Sold
Under 30 Days
53 Homes Were Sold
In 30 - 90 Days
22 Homes Were Sold
Over 90 Days
Summary: During May 2024, 126 homes were sold in Loveland; 40% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.