Is Loveland, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Loveland has remained a Seller's Market.
Key Takeaway
Loveland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Loveland, CO
How much do homes in Loveland, CO cost?
Median Sold Price
$499,642
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Loveland have sold for 2.2% less than they did a year ago.
Summary: The median home sold price in Loveland was $499,642 in March 2024, down 2.2% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $329K | $318K | -3.3% |
| 2 Bedrooms | $381K | $379K | -0.5% |
| 3 Bedrooms | $489.5K | $473K | -3.4% |
| 4 Bedrooms | $559.5K | $552.1K | -1.3% |
| 5+ Bedrooms | $675K | $650K | -3.7% |
Summary: Loveland housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.3%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 3.7%.
Housing Supply in Loveland, CO
How many homes are available in Loveland, CO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 355 | 413 | +16.3% |
Summary: The Loveland real estate market had 413 homes for sale in March 2024, a 16.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 54 | 54 | 0.0% |
| 3 Bedrooms | 127 | 150 | +18.1% |
| 4 Bedrooms | 112 | 137 | +22.3% |
| 5+ Bedrooms | 54 | 64 | +18.5% |
Summary: The Loveland housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.1%, 4 bedroom homes increased by 22.3%, and 5+ bedroom homes increased by 18.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 84 | 118 | +40.5% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
45 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Loveland, expect to pay close to the asking price. 38.1% of homes here sold near the asking price last month.
Summary: A total of 118 homes were sold or pending in Loveland in March 2024, up by 40.5% month-over-month. Of the 118 sold homes, 35% were sold under asking, 38% were sold at asking, and 27% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 71 Days | 63 Days | -10.6% |
Summary: Homes in Loveland had an average of 63 days on market in Mar 2024, down by 10.6% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
46 Homes Were Sold
In 30 - 90 Days
31 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Loveland has remained consistent over time.
Summary: During March 2024, 118 homes were sold in Loveland; 35% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
Listings courtesy of REColorado as distributed by MLS GRID.
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