Biz Buzz: Greeley, Evans housing fifth highest in nation for 2015 appreciation

Greeley has done it again. The town landed on another Top 10 list — this time for appreciation in our homes. The Greeley Metropolitan Statistical Area, which encompasses Weld County, was ranked fifth of 20 MSAs with the highest rates of house price appreciation.

The study was done by the Federal Housing Finance Agency. Greeley landed the fifth place spot with a 13.8 percent appreciation over 2015. Three other Colorado areas made the list. Boulder ranked seventh, Denver took eighth and Fort Collins was eleventh. This doesn’t come as a shock to anyone in the area — we all know housing prices here are soaring. But it is yet another sign our economy is doing well and our area is continuing to grow. “Five yeas ago, in 2010, Greeley’s median sales price was $133,000 (one of the lowest years),” said Chalice Springfield, CEO and managing broker of Sears Real Estate, 2021 Clubhouse Drive, No. 100, Greeley. “At the end of 2015, Greeley’s median sales price was at an all-time high of $220,000 for residential detached properties.”

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