New Listings July 2022

2309 Flagstaff Place is a beautiful home with fabulous curb appeal in North Fort Collins! Close access to I-25 and old town Fort Collins. Vaulted ceilings, wood floors, newer AC and brand new interior and exterior paint (which has a 9-year transferrable warranty). Options to use the 3rd non-conforming bedroom as an office, playroom, or tv room too! Fully fenced back yard with mature landscaping, sprinkler system, and new expansive concrete patio! Unfinished basement ready for your future expansion. 2 car attached garage features built in shelving for storage. All appliances included! Come see this beauty today. Call (970) 331-2868 to schedule a private tour or click here for more information.

Kailee Harvey | MLS# 970055

Welcome home to one of the best lots in Hidden Valley! 1764 Avery Plaza has a wide open floorplan with an upgraded kitchen looking out to the living room with a cozy fireplace. Step outside to an enormous lot with a large patio and plenty of space to entertain. Fully finished basement makes this home BIG with 5 bedrooms. Come see this special home today! Call (970) 673-7285 to schedule a private tour or click here for more information.

Paul Hunter | MLS# 970365

465 Mesa Drive is a meticulously maintained and cared for home in Mariana Butte. Perfect location near trails, elementary school, and neighborhood park. Outdoor living area with Trex deck, pergola, and views of the Butte. Kitchen has been remodeled, exterior has been painted, and the furnace/AC are less than a year old. All appliances including the washer/dryer stay. This beautiful home has been pre-inspected and is 100% move-in ready. Call (970) 691-0056 to schedule a private tour or click here for more information.

Meagan Griesel | MLS# 970083

In a Central Fort Collins location, 724 Blue Mountain Drive is a spacious 4 bedroom home in the desirable Willow Park neighborhood, close to Troutman Park and Lopez Elementary School. Upon entry, the living room has vaulted ceilings and large windows that flood the room with natural light. Spacious kitchen and dining area lead into the cozy family room with gas fireplace. The Primary bedroom upstairs is roomy with vaulted ceilings and an ensuite bathroom. The basement is finished with a bedroom, 3/4 bathroom, and office/craft room with it’s own cabinetry. A large crawl space allows for storage. Spend evenings in the large shaded, fenced back yard with shed and extra wide patio, great for entertaining. A/C is 1 year old, water heater is 3 years old. Close to Front Range Community College, the Max transit system, shopping and dining, with NO HOA! This home won’t last! Call (970) 218-3383 to schedule a private tour or click here for more information.

Tammy Fisher | MLS# 970477

Welcome to 3847 W 99th Place, a beautiful two story home that provides 3 bed/3.5 baths, updated kitchen with 2020 stainless steel appliances, wood burning fireplace, vaulted ceilings, updated master bathroom with a sky light, beautiful new back deck with lighting, spacious back yard, mature foliage, 2019 roof, 2004 A/C and Furnace, 2022 interior paint, 2018 exterior paint, 2018 Anderson Renewal Windows, 2 golf courses within 5 min, walk to Squires Park & Carol Butts Park, easy access to US -36 & I25. Call (970) 590-4841 to schedule a private tour or click here for more information.

Suzanne Ekeler | MLS# 4654416

Rare Find! 1100 32nd Avenue is an updated Ranch with lots of Charm. Ranch -style home located on LARGE corner lot and centrally located for easy access to shopping, schools, parks and more. This home is move-in ready. Updated flooring throughout, eat-in kitchen with island, fully remodeled bathroom and primary bedroom with walk-in closet. New paint, newer siding, roof and gutters. Bring your family and friends and enjoy the summer nights on your beautiful patio in your expansive, private backyard. Lots of extra storage in the shed and large 2 car garage. Don’t miss out on this great opportunity! Call (970) 396-7689 to schedule a private tour or click here for more information!

Kim Friesen | MLS# 970401

3320 W 5th Street Road is a fantastic 5-bedroom ranch-style home in Greeley’s popular Franklin neighborhood! Featuring a great eat-in kitchen with plenty of counter space and storage, you’ll also find a large living room and three bedrooms on the main level. In the finished basement, you’ll find a sprawling rec room, bath, and two nonconforming bedrooms. Unfinished storage and laundry area. Relax and entertain in the fully-fenced back yard. Newer furnace, AC and water heater. Close to shopping, restaurants and all this great community has to offer. A terrific home and great value! Call (970) 237-2752 to schedule a private tour or click here for more information.

Jon Holsten | MLS# 971018

Welcome Home! This is a great opportunity to own a coveted property in The Ponds of Overland. 3402 Golden Currant Boulevard boasts a large contemporary open floor plan that is ideal for entertaining family & friends. Then sit back, relax and soak in the Colorado western views on the giant newly built composite deck while enjoying the outdoor gas firepit. It’s spacious back yard has access to an open space area with trails and quick access to Maxwell Natural area with hiking and mountain biking. This home is minutes away from Horsetooth Reservoir, Lory State Park, CSU and Old Town Fort Collins. So many upgrades make this home feel brand new- New roof 2018, exterior paint 2021, interior paint 2018, New garage door opener 2021, security system in 2021, new deck 2021 and 220V in garage for electric car charger- Please see all new and updated features sheet included in the documents section. This home has it all- just missing you & your family! Call (970) 420-4498 to schedule a private tour or click here for more information.

Lindsey Crisanti | MLS# 971948

Welcome home to 581 Mariana Pointe Drive, a beautiful, Charter built, patio home in the coveted Mariana Butte neighborhood. This home boasts 3 bedrooms and 3.5 bathrooms. Enjoy main floor living with the Primary bedroom, large Primary bathroom as well as the laundry room all on the main level. The expansive kitchen is designed for entertaining with a large island and double ovens. Extend your living space to the large, private deck that backs up right to open space and Mariana Butte itself. Step right out your back door to do some hiking on the Butte or walk up the street a short way to the golf course. The large finished basement includes a wet bar, a 2nd bedroom, bathroom, and extra living space with a fireplace. On the second level you’ll find a loft and a 3rd bedroom with ensuite bathroom. Call (970) 703-4112 to schedule a private tour or click here for more information.

Karla Laferriere | MLS# 972068

3914 Windwood Drive checks off all the boxes for anyone wanting the Colorado Lifestyle. Enjoy access to trails, frisbee golf course, playground, and a community pool and more. Also conveniently located near Boyd Lake State Park, Highland Meadows Golf Course and the brand new Riverview PreK-8 School. This home offers low maintenance living with easy access to the highway. Ideal for commuting to any one of the nearby cities. Located near Scheels and restaurants galore! No need to wait for new construction when this home, built in 2019, is ready to go NOW! The seller would love to stay, but a new out-of-state job changed those plans and now it is an opportunity for you! Call (970) 690-5707 to schedule a private tour or click here for more information.

Jared Foster | MLS# 971829

Easy main-floor living in this beautiful home that has been remodeled in a mid-century modern theme. At 3317 Banyan Avenue, you’ll first be greeted by a comfortable & private front patio. Next, you’ll walk into the large living room with vaulted ceilings with beams, fireplace, and an additional private patio. Kitchen has recently been remodeled and the cabinets are restored solid walnut. Primary bedroom features access to the side patio and a very large room. Not included in the square footage is a studio or workshop area in the back of the home. Huge backyard is ready for some garden boxes and has an established apple tree and grape vines. Great location near the sculpture park and Lake Loveland. No HOA. Home has been pre-inspected and new roof is on order. Call (970) 691-0056 to schedule a private tour or click here for more information.

Meagan Griesel | MLS# 972176

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Asking Price Drop

Data just released by Altos Research shows that 35% of all homes on the market have had to reduce their asking price.

This is the highest this number has been since December of 2019.

This is also an indicator of sellers adjusting to the reality of the new market where overly aggressive pricing is not effective.

Extensive research shows the importance of pricing a home correctly on the first day so that the home sells in an appropriate time frame.

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More Days

A stat that we have expected to change is finally changing.

“Days on Market” measures how long it takes for new listings to sell.

Over the last two years this stat plummeted to levels we have never seen before.

In the height of the market frenzy a year ago, properties were taking 7 days or less to sell on average.

Now, with the market cooling, Days on Market is back into double-digits.

Northern Colorado is at 20 days, a 54% increase over last year.

Metro Denver is at 12 days which is a 50% increase.

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Two Week Snapshot

Here is a quick snapshot of our markets two weeks into July versus the same time last year…

Larimer & Weld Counties:

  • Inventory up 61%
  • Transaction count down 44%
  • Prices up 17%

Metro Denver:

  • Inventory up 62%
  • Transaction count down 31%
  • Prices up 12%

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Top Three

Here are the top three reasons why prices are unlikely to crash even though the market has cooled off:

  1. Inventory – Ultimately, prices are driven by supply and demand.  Although supply has increased, it still remains relatively low with less than two months’ supply in most areas.
  2. New Homes – New home construction still lags behind the demand stemming from population growth.  New home starts today are roughly 2/3 of what they were in 2005.
  3. Credit – Home buyers today are highly qualified which protects the market from a glut of ‘distressed’ properties hitting the market in an economic downturn.  The average credit score of buyers is now 776 which, by definition, is ‘excellent.’   Only 2% of loans today are given to buyers with scores under 640 whereas in 2001 25% of buyers had that low of a score.

The post Top Three appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

Top Three

Here are the top three reasons why prices are unlikely to crash even though the market has cooled off:

  1. Inventory – Ultimately, prices are driven by supply and demand.  Although supply has increased, it still remains relatively low with less than two months’ supply in most areas.
  2. New Homes – New home construction still lags behind the demand stemming from population growth.  New home starts today are roughly 2/3 of what they were in 2005.
  3. Credit – Home buyers today are highly qualified which protects the market from a glut of ‘distressed’ properties hitting the market in an economic downturn.  The average credit score of buyers is now 776 which, by definition, is ‘excellent.’   Only 2% of loans today are given to buyers with scores under 640 whereas in 2001 25% of buyers had that low of a score.

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Weeks to Months

For the first time in almost two years, there is more than a month’s worth of inventory on the market.

This means that at the current pace of sales, it would take more than a month to sell all of the homes currently for sale.

This is certainly welcome news for buyers who have been craving a less frenzied market.

Since the market took off in the summer of 2020, inventory levels have been measured in terms of weeks.

Two to three weeks of inventory was the typical measurement for the last two years.

Today, inventory levels look like this:

  • Larimer County = 1.1 months
  • Weld County = 1.2 months
  • Metro Denver = 1.2 months

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