Greeley’s April median home price notches 2016 high; Boulder back over $900K
The Greeley-Evans area saw median single-family home prices hit a 2016 high of $248,250 in April, a 12.6 percent increase over the same month a year earlier.
Of the five largest cities in the Boulder Valley and Northern Colorado regions, only Boulder and Longmont saw larger year-over-year price growth for single-family homes, though Fort Collins wasn’t far behind.
The figures come from the latest report released by the IRES multiple listing service.
Greeley’s median price came on 192 listings sold. It was an increase versus the median price in April last year of $220,500, and was also up $8,250 from March of this year.
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The median single-family home price in Boulder hit $950,000 on 65 sales in April, up nearly 15 percent versus the same month last year but still off of January’s mark of $989,000.
Longmont’s median dipped slightly from March to April, from $370,000 to $360,000, but was still up 13.2 percent year-over-year. In Fort Collins, the median was $348,000 in April, also down slightly from March but up 9.3 percent versus April of last year. In Loveland – for which the IRES report also includes Berthoud figures – the median price hit $345,000, up 6.7 percent from a year earlier.
While the number of active single-family home listings increased slightly in Greeley and Loveland, the other three cities all saw decreases. Perhaps not coincidentally, it was Boulder, Longmont and Fort Collins that also saw the largest jumps in the median price of attached dwellings.
The median price of attached dwellings in Boulder rose 31.6 percent year-over-year to $403,450. In Longmont, the median price of such homes rose 19.3 percent to $267,900. And in Fort Collins, the median attached price rose 15.3 percent to $268,375.
