Sterling Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Sterling averaged 7.22% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2023-03-09) was 7.35% and one month ago for the week of 2023-02-09, the average rate was 6.34%.

    Sterling's average rate one year ago was 4.07%.

    For refis of the same type during the week of 2023-03-16, the average rate was 6.64%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-03-16 6.6%
    Sterling 30 Year Fixed Rate 2023-03-16 7.22%
    Sterling 30 Year Fixed Rate Refi 2023-03-16 6.64%
    Sterling 15 Year Fixed Rate 2023-03-16 6.53%
    Sterling 15 Year Fixed Rate Refi 2023-03-16 6.05%
    Sterling 30 Year FHA 2023-03-16 6.82%
    Sterling 30 Year FHA Refi 2023-03-16 6.1%
    Sterling 30 Year USDA 2023-03-16 6.54%
    Sterling 30 Year USDA Refi 2023-03-16 6.57%
    Sterling 30 Year VA 2023-03-16 6.56%
    Sterling 30 Year VA Refi 2023-03-16 6.06%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Sterling, CO.

    Sterling Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Sterling, CO market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
    Bank of Colorado 56 3.14% $3,611
    AMERICAN FINANCING CORPORATION 23 3.21% $3,490
    QUICKEN LOANS, LLC 23 3.17% $5,926
    UNITED WHOLESALE MORTGAGE, LLC 19 3.14% $4,242
    GUILD MORTGAGE COMPANY 14 3.16% $3,814
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 11 3.33% $4,426
    Independent Bank 9 3.04% $3,424
    CALIBER HOME LOANS, INC. 8 3.19% $3,352
    Wells Fargo Bank 7 2.98% $2,685
    Financial Funding Solutions, Inc. 7 3.11% $3,264
    LOANDEPOT.COM, LLC 7 3.34% $4,489
    AMERISAVE MORTGAGE CORPORATION 6 3.00% $4,100
    ACADEMY MORTGAGE CORPORATION 4 3.53% $8,211
    NEWREZ LLC 4 3.25% $3,739
    Bank of the West 4 3.03% $4,358
    HOME POINT FINANCIAL CORPORATION 3 2.92% $3,264
    SECURITY SERVICE 3 3.38% $1,887
    Amerifirst Financial, Inc. 3 3.17% $5,013
    Flagstar Bank, FSB 2 3.49% $2,428
    NFM, INC. 2 3.19% $4,077
    First National Bank of Omaha 2 2.88% $2,548
    CMG MORTGAGE, INC. 2 3.06% $2,920
    UNION HOME MORTGAGE CORP. 2 2.88% $3,054
    Adams Bank & Trust 2 2.75% $3,648
    UNIVERSAL LENDING CORPORATION 2 3.19% $4,430
    Mr. Cooper ( Nationstar Mortgage ) 2 3.00% $5,838
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 2 3.31% $3,928
    The Central Trust Bank 2 3.63% $2,753
    PRIMARY RESIDENTIAL MORTGAGE, INC. 2 2.88% $5,027
    CRESCENT MORTGAGE COMPANY 2 3.25% $2,474
    PENNYMAC LOAN SERVICES, LLC 1 3.63% $4,071
    PENTAGON FEDERAL CREDIT UNION 1 3.00% $1,881
    PHH Mortgage Corporation 1 3.63% $5,019
    PLANET HOME LENDING, LLC 1 2.88% $3,497
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.50% $3,363
    STEARNS LENDING, LLC 1 2.75% $3,492
    SWBC MORTGAGE CORPORATION 1 3.63% $2,267
    Truist 1 2.99% $2,260
    U.S. Bank 1 2.99% $3,062
    Wyndham Capital Mortgage, Inc. 1 2.88% $3,532
    Ally Bank 1 3.00% $2,437
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 3.13% $6,065
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 3.49% $2,987
    Bank of America 1 2.38% $6,461
    Bank of England 1 3.63% $4,383
    BROKER SOLUTIONS, INC. 1 2.75% $3,923
    Carrington Mortgage Services, LLC 1 4.13% $8,903
    CHERRY CREEK MORTGAGE, LLC 1 3.25% $606
    Chicago Mortgage Solutions LLC 1 3.63% $2,386
    CHURCHILL MORTGAGE CORPORATION 1 2.99% $8,015
    Colten Mortgage, LLC 1 3.50% $3,988
    CONTOUR MORTGAGE CORPORATION 1 3.13% $8,039
    CORNERSTONE HOME LENDING, INC. 1 3.50% $9,095
    Elevations Credit Union 1 3.50% $3,980
    Ent Credit Union 1 3.50% $1,843
    First Interstate Bank 1 3.13% $4,141
    FREEDOM MORTGAGE CORPORATION 1 2.88% $1,678
    Gateway First Bank 1 3.38% $3,451
    GUARANTEED RATE AFFINITY, LLC 1 2.99% $5,363
    GUARANTEED RATE, INC. 1 3.13% $3,361
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.00% $3,029
    JLB CORPORATION 1 3.38% $4,943
    JPMorgan Chase Bank 1 3.00% $2,946
    LOANPAL, LLC 1 3.50% $5,069
    Loan Simple, Inc. 1 2.88% $4,529
    MEGASTAR FINANCIAL CORP. 1 2.75% $2,262
    MUTUAL OF OMAHA MORTGAGE, INC. 1 5.00% $8,802
    NATIONS DIRECT MORTGAGE, LLC 1 2.75% $3,340
    NBH Bank 1 3.00% $3,365

    Sterling Average Closing Costs & Other Stats

    Sterling, CO's 69 lenders originated 762 loans during 2021. The total origination value was $137,590,000, with an average loan value of $180,564.

    Sterling's average closing costs are $4,558.

    The top Sterling lender as defined by loan originations is Bank of Colorado, with 56 loans originated. Their average total fees are $3,611, which is $121 higher than the next largest lender, AMERICAN FINANCING CORPORATION.

    The lowest fee Sterling lenders (with over 10 loans originated) are AMERICAN FINANCING CORPORATION ($3,490), Bank of Colorado ($3,611), GUILD MORTGAGE COMPANY ($3,814), UNITED WHOLESALE MORTGAGE, LLC ($4,242) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($4,426).

    The lowest rate Sterling lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC (3.14%), Bank of Colorado (3.14%), GUILD MORTGAGE COMPANY (3.16%), QUICKEN LOANS, LLC (3.17%) and AMERICAN FINANCING CORPORATION (3.21%).

    Sterling, CO Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
    Bank of Colorado $25,925,000 $27,770,000 7.1% 20.2%
    QUICKEN LOANS, LLC $11,765,000 $12,245,000 4.1% 8.9%
    EQUITABLE SAVINGS AND LOAN ASSOCIATION $9,780,000 $7,345,000 -24.9% 5.3%
    AMERICAN FINANCING CORPORATION $3,995,000 $6,900,000 72.7% 5.0%
    UNITED WHOLESALE MORTGAGE, LLC $1,855,000 $5,655,000 204.9% 4.1%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $5,330,000 $5,595,000 5.0% 4.1%
    GUILD MORTGAGE COMPANY $3,890,000 $4,060,000 4.4% 3.0%
    Independent Bank $7,465,000 $3,760,000 -49.6% 2.7%
    FREEDOM MORTGAGE CORPORATION $2,130,000 $3,695,000 73.5% 2.7%
    CALIBER HOME LOANS, INC. $1,420,000 $2,675,000 88.4% 1.9%
    Bank of the West $2,895,000 $2,630,000 -9.2% 1.9%
    Wells Fargo Bank $1,410,000 $2,305,000 63.5% 1.7%
    LOANDEPOT.COM, LLC $955,000 $2,275,000 138.2% 1.7%
    Mr. Cooper ( Nationstar Mortgage ) $1,895,000 $2,265,000 19.5% 1.6%
    AMERISAVE MORTGAGE CORPORATION $615,000 $2,120,000 244.7% 1.5%
    ACADEMY MORTGAGE CORPORATION $1,460,000 $1,970,000 34.9% 1.4%
    Mortgage Research Center, LLC $1,265,000 $1,730,000 36.8% 1.3%
    Financial Funding Solutions, Inc. $605,000 $1,715,000 183.5% 1.2%
    Amerifirst Financial, Inc. $1,300,000 $1,645,000 26.5% 1.2%
    HOME POINT FINANCIAL CORPORATION $930,000 $1,645,000 76.9% 1.2%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $1,520,000 $1,555,000 2.3% 1.1%
    UNIVERSAL LENDING CORPORATION $455,000 $1,110,000 144.0% 0.8%
    CHERRY CREEK MORTGAGE, LLC $1,695,000 $1,065,000 -37.2% 0.8%
    NEWREZ LLC $550,000 $1,040,000 89.1% 0.8%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $420,000 $980,000 133.3% 0.7%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $960,000 n/a 0.7%
    LAKEVIEW LOAN SERVICING, LLC $1,120,000 $855,000 -23.7% 0.6%
    First National Bank of Omaha $690,000 n/a 0.5%
    CORNERSTONE HOME LENDING, INC. $310,000 $655,000 111.3% 0.5%
    UNION HOME MORTGAGE CORP. $335,000 $655,000 95.5% 0.5%
    Carrington Mortgage Services, LLC $475,000 $630,000 32.6% 0.5%
    CROSSCOUNTRY MORTGAGE, LLC $375,000 $620,000 65.3% 0.5%
    NFM, INC. $620,000 n/a 0.5%
    BROKER SOLUTIONS, INC. $605,000 n/a 0.4%
    CRESCENT MORTGAGE COMPANY $1,095,000 $605,000 -44.7% 0.4%
    MEGASTAR FINANCIAL CORP. $605,000 n/a 0.4%
    PLANET HOME LENDING, LLC $370,000 $565,000 52.7% 0.4%
    CANOPY MORTGAGE, LLC $245,000 $560,000 128.6% 0.4%
    CREDIT UNION OF COLORADO, A FEDERAL CREDIT UNION $385,000 $545,000 41.6% 0.4%
    Paramount Residential Mortgage Group, Inc. $535,000 n/a 0.4%
    SOFI LENDING CORP. $510,000 n/a 0.4%
    The Central Trust Bank $510,000 n/a 0.4%
    Elevations Credit Union $505,000 n/a 0.4%
    MUTUAL OF OMAHA MORTGAGE, INC. $450,000 $495,000 10.0% 0.4%
    PENNYMAC LOAN SERVICES, LLC $990,000 $495,000 -50.0% 0.4%
    Platte Valley Bank $445,000 n/a 0.3%
    Flagstar Bank, FSB $375,000 $410,000 9.3% 0.3%
    Loan Simple, Inc. $795,000 $410,000 -48.4% 0.3%
    Great Western Bank $405,000 n/a 0.3%
    LENDINGHOME FUNDING CORPORATION $275,000 $405,000 47.3% 0.3%
    MOVEMENT MORTGAGE, LLC $245,000 $405,000 65.3% 0.3%
    Bank of England $85,000 $400,000 370.6% 0.3%
    JPMorgan Chase Bank $570,000 $400,000 -29.8% 0.3%
    CENTENNIAL LENDING, LLC $260,000 $395,000 51.9% 0.3%
    LENDINGONE, LLC $385,000 n/a 0.3%
    Truist Bank $230,000 $375,000 63.0% 0.3%
    CMG MORTGAGE, INC. $635,000 $370,000 -41.7% 0.3%
    TBK BANK, SSB $370,000 n/a 0.3%
    GUARANTEED RATE, INC. $305,000 $365,000 19.7% 0.3%
    KeyBank $230,000 $365,000 58.7% 0.3%
    Adams Bank & Trust $1,015,000 $360,000 -64.5% 0.3%
    NBH Bank $125,000 $350,000 180.0% 0.3%
    Ent Credit Union $270,000 $335,000 24.1% 0.2%
    Points West Community Bank $335,000 n/a 0.2%
    LOANPAL, LLC $245,000 $330,000 34.7% 0.2%
    Ally Bank $305,000 n/a 0.2%
    PHH Mortgage Corporation $65,000 $300,000 361.5% 0.2%
    Northpointe Bank $820,000 $295,000 -64.0% 0.2%
    V.I.P. MORTGAGE, INC. $295,000 n/a 0.2%
    Barrington Bank & Trust Company, N.A. $285,000 n/a 0.2%
    CHURCHILL MORTGAGE CORPORATION $285,000 n/a 0.2%
    FINANCE OF AMERICA MORTGAGE LLC $285,000 $285,000 0.0% 0.2%
    Austin Capital Bank SSB $350,000 $275,000 -21.4% 0.2%
    BNC National Bank $275,000 n/a 0.2%
    Franklin Loan Corporation $155,000 $265,000 71.0% 0.2%
    NEW DAY FINANCIAL, LLC $585,000 $265,000 -54.7% 0.2%
    SECURITY SERVICE $265,000 n/a 0.2%
    M2 Lending Solutions, LLC $255,000 n/a 0.2%
    COLORADO CREDIT UNION $250,000 n/a 0.2%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $245,000 n/a 0.2%
    VANDERBILT MORTGAGE AND FINANCE, INC. $280,000 $245,000 -12.5% 0.2%
    VAN DYK MORTGAGE CORPORATION $265,000 $245,000 -7.5% 0.2%
    Figure Lending LLC $90,000 $240,000 166.7% 0.2%
    U.S. Bank $495,000 $240,000 -51.5% 0.2%
    ARC HOME LLC $235,000 n/a 0.2%
    EVERETT FINANCIAL, INC. $135,000 $235,000 74.1% 0.2%
    HOMESIDE FINANCIAL, LLC $235,000 n/a 0.2%
    AMERICAN PACIFIC MORTGAGE CORPORATION $185,000 $225,000 21.6% 0.2%
    CLEARPATH LENDING $165,000 $225,000 36.4% 0.2%
    GUARANTEED RATE AFFINITY, LLC $225,000 n/a 0.2%
    CONTOUR MORTGAGE CORPORATION $215,000 n/a 0.2%
    STEARNS LENDING, LLC $155,000 $215,000 38.7% 0.2%
    The Home Loan Expert LLC $215,000 n/a 0.2%
    First Guaranty Mortgage Corporation $530,000 $205,000 -61.3% 0.1%
    Nations Lending Corporation $575,000 $205,000 -64.3% 0.1%
    Flanagan State Bank $195,000 n/a 0.1%
    Bank of America $185,000 n/a 0.1%
    Wyndham Capital Mortgage, Inc. $185,000 n/a 0.1%
    ZILLOW HOME LOANS, LLC $205,000 $185,000 -9.8% 0.1%
    Academy Bank $175,000 n/a 0.1%
    First Interstate Bank $530,000 $175,000 -67.0% 0.1%
    VILLAGE CAPITAL & INVESTMENT LLC $900,000 $170,000 -81.1% 0.1%
    AMCAP MORTGAGE, LTD. $165,000 n/a 0.1%
    BETTER MORTGAGE CORPORATION $570,000 $165,000 -71.1% 0.1%
    CANVAS CREDIT UNION $65,000 $160,000 146.2% 0.1%
    Lakeview Community Capital, LLC $155,000 n/a 0.1%
    NOVA FINANCIAL & INVESTMENT CORPORATION $265,000 $155,000 -41.5% 0.1%
    NATIONS DIRECT MORTGAGE, LLC $145,000 n/a 0.1%
    AmeriHome Mortgage Company, LLC $285,000 $135,000 -52.6% 0.1%
    Colten Mortgage, LLC $135,000 n/a 0.1%
    Gateway First Bank $230,000 $135,000 -41.3% 0.1%
    NAVY FEDERAL CREDIT UNION $145,000 $135,000 -6.9% 0.1%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $135,000 n/a 0.1%
    Discover Bank $35,000 $125,000 257.1% 0.1%
    JLB CORPORATION $535,000 $125,000 -76.6% 0.1%
    Manufacturers and Traders Trust Company $215,000 $125,000 -41.9% 0.1%
    AMERICAN ADVISORS GROUP $95,000 $115,000 21.1% 0.1%
    S1L, Inc. $115,000 n/a 0.1%
    Servion, Inc. $815,000 $115,000 -85.9% 0.1%
    THE MORTGAGE COMPANY $115,000 n/a 0.1%
    Northern Colorado Credit Union $105,000 n/a 0.1%
    BELLCO $25,000 $100,000 300.0% 0.1%
    Chicago Mortgage Solutions LLC $95,000 n/a 0.1%
    ROYAL UNITED MORTGAGE LLC $285,000 $95,000 -66.7% 0.1%
    PENTAGON FEDERAL CREDIT UNION $90,000 n/a 0.1%
    Citibank $85,000 n/a 0.1%
    SWBC MORTGAGE CORPORATION $85,000 n/a 0.1%
    MidFirst Bank $75,000 n/a 0.1%

    Sterling's top lender by overall market share is Bank of Colorado, with 20.2% market share. In second place, with 8.9%, is QUICKEN LOANS, LLC, having originated $12,245,000 in loans. In third place, with 5.3%, is EQUITABLE SAVINGS AND LOAN ASSOCIATION, having originated $7,345,000 in loans. In fourth place, with 5.0%, is AMERICAN FINANCING CORPORATION, having originated $6,900,000 in loans. In fifth place, with 4.1%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $5,655,000 in loans.

    Sterling Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Sterling (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $199,425 (58.3%) $196,739 (21.5%) 0.00 30
    2018-02-01 $212,500 (79.4%) $216,106 (40.2%) 0.00 31
    2018-03-01 $199,900 (63.3%) $196,103 (24.0%) 0.00 34
    2018-04-01 $207,225 (41.1%) $212,913 (16.7%) 0.00 36
    2018-05-01 $208,250 (31.0%) $219,266 (22.0%) 0.00 40
    2018-06-01 $202,500 (15.8%) $232,046 (17.3%) 0.00 37
    2018-07-01 $198,675 (17.6%) $214,692 (12.9%) 0.00 27
    2018-08-01 $179,500 (13.4%) $204,364 (11.2%) 0.00 32
    2018-09-01 $175,000 (4.8%) $197,047 (5.7%) 0.00 34
    2018-10-01 $202,750 (22.5%) $221,000 (14.7%) 0.00 29
    2018-11-01 $192,475 (21.0%) $216,651 (13.2%) 0.00 36
    2018-12-01 $175,000 (-12.5%) $198,616 (2.3%) 0.00 32
    2019-01-01 $174,725 (-12.4%) $206,095 (4.8%) 0.00 34
    2019-02-01 $196,850 (-7.4%) $205,284 (-5.0%) 0.00 38
    2019-03-01 $189,664 (-5.1%) $204,596 (4.3%) 0.00 39
    2019-04-01 $186,950 (-9.8%) $205,875 (-3.3%) 0.00 43
    2019-05-01 $180,000 (-13.6%) $208,898 (-4.7%) 0.00 42
    2019-06-01 $175,000 (-13.6%) $206,475 (-11.0%) 0.00 49
    2019-07-01 $164,875 (-17.0%) $186,586 (-13.1%) 0.00 48
    2019-08-01 $178,418 (-0.6%) $218,243 (6.8%) 0.00 50
    2019-09-01 $201,245 (15.0%) $271,158 (37.6%) 0.00 46
    2019-10-01 $218,500 (7.8%) $308,514 (39.6%) 0.00 43
    2019-11-01 $220,000 (14.3%) $310,747 (43.4%) 0.00 40
    2019-12-01 $223,500 (27.7%) $337,942 (70.2%) 0.00 37
    2020-01-01 $224,500 (28.5%) $310,846 (50.8%) 0.00 37
    2020-02-01 $225,000 (14.3%) $267,696 (30.4%) 0.00 36
    2020-03-01 $234,000 (23.4%) $266,327 (30.2%) 0.00 36
    2020-04-01 $225,975 (20.9%) $349,290 (69.7%) 0.00 33
    2020-05-01 $235,000 (30.6%) $377,033 (80.5%) 0.00 30
    2020-06-01 $239,900 (37.1%) $421,905 (104.3%) 0.00 29
    2020-07-01 $211,200 (28.1%) $393,056 (110.7%) 0.00 28
    2020-08-01 $199,000 (11.5%) $360,509 (65.2%) 0.00 35
    2020-09-01 $214,000 (6.3%) $291,631 (7.6%) 0.00 38
    2020-10-01 $210,000 (-3.9%) $280,164 (-9.2%) 0.00 35
    2020-11-01 $216,250 (-1.7%) $302,297 (-2.7%) 0.00 28
    2020-12-01 $219,950 (-1.6%) $310,776 (-8.0%) 0.00 22
    2021-01-01 $227,400 (1.3%) $330,596 (6.4%) 0.00 20
    2021-02-01 $192,500 (-14.4%) $255,887 (-4.4%) 0.00 19
    2021-03-01 $207,500 (-11.3%) $248,855 (-6.6%) 0.00 20
    2021-04-01 $192,000 (-15.0%) $254,463 (-27.2%) 0.00 16
    2021-05-01 $249,900 (6.3%) $282,565 (-25.1%) 0.00 13
    2021-06-01 $257,975 (7.5%) $277,453 (-34.2%) 0.00 16
    2021-07-01 $249,450 (18.1%) $267,488 (-32.0%) 0.00 27
    2021-08-01 $249,975 (25.6%) $293,301 (-18.6%) 0.00 31
    2021-09-01 $248,125 (16.0%) $309,554 (6.2%) 0.00 29
    2021-10-01 $254,000 (21.0%) $329,329 (17.6%) 0.00 29
    2021-11-01 $199,450 (-7.8%) $388,655 (28.6%) 0.00 32
    2021-12-01 $224,975 (2.3%) $309,953 (-0.3%) 0.00 51
    2022-01-01 $202,500 (-11.0%) $247,893 (-25.0%) 0.00 25
    2022-02-01 $188,350 (-2.2%) $225,144 (-12.0%) 0.00 25
    2022-03-01 $181,875 (-12.4%) $231,882 (-6.8%) 0.00 27
    2022-04-01 $197,200 (2.7%) $256,363 (0.8%) 0.00 18
    2022-05-01 $232,000 (-7.2%) $286,865 (1.5%) 0.00 20
    2022-06-01 $231,250 (-10.4%) $309,099 (11.4%) 0.00 33
    2022-07-01 $225,000 (-9.8%) $290,584 (8.6%) 0.00 51
    2022-08-01 $228,061 (-8.8%) $291,925 (-0.5%) 0.00 65
    2022-09-01 $239,500 (-3.5%) $310,144 (0.2%) 0.00 58
    2022-10-01 $266,950 (5.1%) $335,974 (2.0%) 0.00 61
    2022-11-01 $252,400 (26.6%) $322,841 (-16.9%) 0.00 65
    2022-12-01 $249,900 (11.1%) $310,175 (0.1%) 0.00 56
    2023-01-01 $259,950 (28.4%) $350,480 (41.4%) 0.00 50
    2023-02-01 $254,300 (35.0%) $348,513 (54.8%) 0.00 47
    Sterling's median listing price for 2023-02-01 was $254,300, a difference of $65,950 (35.0%) versus the prior year and $-5,650 versus the prior month.

    Sterling's median listing price comes in at 0% of the national average.

    Sterling's average listing price for 2023-02-01 was $348,513, a difference of $123,369 (54.8%) versus the prior year and $-1,967 versus the prior month.

    For the 2023-02-01 period, Sterling had 47 MLS listings, a difference of -3 listings (-6%) versus the prior month and 22 listings (88%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Sterling (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 2,067 sqft
    2018-02-01 0 days 2,060 sqft
    2018-03-01 0 days 2,142 sqft
    2018-04-01 0 days 2,234 sqft
    2018-05-01 0 days 2,253 sqft
    2018-06-01 0 days 2,224 sqft
    2018-07-01 0 days 2,154 sqft
    2018-08-01 0 days 2,088 sqft
    2018-09-01 0 days 1,992 sqft
    2018-10-01 0 days 1,954 sqft
    2018-11-01 0 days 2,190 sqft
    2018-12-01 0 days 2,094 sqft
    2019-01-01 0 days 2,069 sqft
    2019-02-01 0 days 2,042 sqft
    2019-03-01 0 days 2,104 sqft
    2019-04-01 0 days 2,159 sqft
    2019-05-01 0 days 2,018 sqft
    2019-06-01 0 days 2,020 sqft
    2019-07-01 0 days 1,940 sqft
    2019-08-01 0 days 1,907 sqft
    2019-09-01 0 days 2,057 sqft
    2019-10-01 0 days 2,157 sqft
    2019-11-01 0 days 2,208 sqft
    2019-12-01 0 days 2,208 sqft
    2020-01-01 0 days 2,022 sqft
    2020-02-01 0 days 2,195 sqft
    2020-03-01 0 days 2,091 sqft
    2020-04-01 0 days 1,966 sqft
    2020-05-01 0 days 2,006 sqft
    2020-06-01 0 days 2,301 sqft
    2020-07-01 0 days 1,703 sqft
    2020-08-01 0 days 1,725 sqft
    2020-09-01 0 days 1,756 sqft
    2020-10-01 0 days 1,725 sqft
    2020-11-01 0 days 1,990 sqft
    2020-12-01 0 days 2,110 sqft
    2021-01-01 0 days 1,914 sqft
    2021-02-01 0 days 1,490 sqft
    2021-03-01 0 days 1,614 sqft
    2021-04-01 0 days 1,610 sqft
    2021-05-01 0 days 2,153 sqft
    2021-06-01 0 days 1,940 sqft
    2021-07-01 0 days 1,975 sqft
    2021-08-01 0 days 2,147 sqft
    2021-09-01 0 days 2,107 sqft
    2021-10-01 0 days 2,115 sqft
    2021-11-01 0 days 1,915 sqft
    2021-12-01 0 days 1,908 sqft
    2022-01-01 0 days 1,572 sqft
    2022-02-01 0 days 1,624 sqft
    2022-03-01 0 days 1,521 sqft
    2022-04-01 0 days 1,614 sqft
    2022-05-01 0 days 1,586 sqft
    2022-06-01 0 days 1,546 sqft
    2022-07-01 0 days 1,579 sqft
    2022-08-01 0 days 1,678 sqft
    2022-09-01 0 days 1,847 sqft
    2022-10-01 0 days 1,866 sqft
    2022-11-01 0 days 1,834 sqft
    2022-12-01 0 days 1,744 sqft
    2023-01-01 0 days 1,815 sqft
    2023-02-01 0 days 1,729 sqft
    Sterling's median listing age (time on market) for 2023-02-01 was 0 days.

    Sterling's median square footage for active listings during the 2023-02-01 period was 1,729 sqft. One year prior, the average listing was 1,624 sqft.

    Sterling, CO Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 324 $62,180,000 $191,914
    Refi 213 $39,315,000 $184,577
    Cash Out Refi 191 $32,905,000 $172,277
    Home Improvement 17 $1,595,000 $93,824
    Other 17 $1,595,000 $93,824

    Sterling's most frequently cited loan purpose was Home Purchase, with 324 originations. The 2nd most popular reason was Refi, with 213 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    2.5-3% 265 $50,715,000 $191,377
    3-4% 258 $48,580,000 $188,295
    <2.5% 112 $20,190,000 $180,268
    4-5% 46 $8,020,000 $174,348
    5-6% 7 $695,000 $99,286
    Over 8% 6 $550,000 $91,667
    7-8% 3 $245,000 $81,667
    6-7% 1 $25,000 $25,000

    During 2021, Sterling's most frequently originated rate bucket was 2.5-3%, with 265 originations.

    Loan Sizing (Sterling, CO MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 340 $50,730,000 $149,206
    $200k-400k 250 $65,970,000 $263,880
    $100,000 or less 151 $9,585,000 $63,477
    $400k-600k 18 $8,170,000 $453,889
    $Over $1MM 2 $2,510,000 $1,255,000
    $600k-1000k 1 $625,000 $625,000

    Sterling's loan sizing saw the bucket of loans from $100k-200k with 340 originations, totaling $50,730,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 270 $57,660,000 $213,556
    60-80% 261 $48,985,000 $187,682
    40-60% 74 $10,550,000 $142,568
    20-40% 39 $3,685,000 $94,487
    Under 20% 30 $340,000 $11,333
    Over 100% 6 $2,530,000 $421,667

    Sterling's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 270 originations, totaling $57,660,000 in origination value.