Normal Timing

After three years of abnormally low Days on Market, properties today are settling into a more normal and more reasonable length of time on the market.

Days on Market today stands at:

53 Days in Larimer County

66 Days in Weld County

Back in 2021, for example, Days on Market was roughly half of today’s number.

Buyers today are discerning, and proper pricing is more important than ever in order to meet a Seller’s timing goals.

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Inventory Jump

The most significant trend we notice 45 days into the new year is the jump in inventory.

There are many more properties for sale along the Front Range compared to one year ago.

  • Larimer County is up 40%
  • Weld County is up 39%
  • Metro Denver is up 35%

This comes as welcome news for buyers as we near the Spring buying season.

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

Inventory Jump

The most significant trend we notice 45 days into the new year is the jump in inventory.

There are many more properties for sale along the Front Range compared to one year ago.

  • Larimer County is up 40%
  • Weld County is up 39%
  • Metro Denver is up 35%

This comes as welcome news for buyers as we near the Spring buying season.

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

Above Water

A dynamic that gives us even more confidence about the housing market is the amount of equity that homeowners have in their property.

Equity is of course the difference between the value of the property and the amount that is owed against it.

In Larimer County, 53% of homeowners have at least 50% equity in their homes. In Weld County, the number is 38%.

It is interesting to note that Nationally, only 1.8% of homeowners are ‘underwater,’ meaning that the value is lower than what is owed against the property.

In 2009, 26% of homeowners were underwater.

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Forecast Takeaways

Here are some of the big takeaways from our annual Market Forecast with Economist Matthew Gardner:

  • Interest rates will continue to trend down during the year and reach 6.08% by the end of 2024.
  • Home prices will have another year of modest gains increasing 2.0% to 2.5% in Northern Colorado
  • 53% of homeowners in Larimer County and 38% of homeowners in Weld County are “Equity Rich” meaning that they have at least 50% equity in their homes.
  • Inventory levels will increase in 2024 but will remain below normal which protects prices from any sort of major decline

To receive a copy of the full slide deck from the Forecast, feel free to reach out to us!

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

New Listings January 2024

1883 Vista Plaza Street is a move-in ready ranch-style home that boasts a spacious layout with 5 generously-sized bedrooms, 4 bathrooms plus office/flex room. The master suite includes a 5-piece bathroom and is conveniently located by the laundry room, and a mudroom enhances practicality. The gourmet kitchen is a highlight, featuring double ovens, a gas range with hood, 42-inch cabinets, a walk-in pantry, and granite countertops. For entertaining, the home offers an extended covered patio and a basement with 9ft ceilings, large family room, a full wet bar, and a mini fridge. An in-law suite in the basement provides additional accommodation options. Outdoors, the property features a mature backyard, wired for hot tub, a gas line for grilling, a sunshade, and a fenced yard with a sprinkler system. The oversized heated 3-car garage with a 12 ft ceiling ensures ample storage space. Call (970) 590-4841 to schedule a private tour or click here for more information.

Suzanne Ekeler | MLS# 1001198

Welcome to 1450 Cattail Drive, your dream home in the perfect location! This charming 1 level ranch is situated in a neighborhood that you will absolutely love, with open space and the picturesque Cattail Pond as your very own backyard. Just imagine waking up every morning to the serene sights and sounds of nature right outside your window. Step inside & be greeted by a thoughtfully designed layout that offers both comfort & functionality. With 3 bedrooms and 2 baths, this home has all the space you need for you and your family. The living room is spacious yet cozy, perfect for relaxing after a long day or entertaining friends & loved ones. The kitchen is a true highlight of the home, with an open & bright layout that invites you to create culinary masterpieces. Not only does it boast ample storage space, but it also features a large pantry with plenty of shelves to neatly organize all your essentials. Plus, with the laundry conveniently located off the kitchen, multitasking has never been easier! The primary bedroom is a true sanctuary, complete with a walk-in closet. Say goodbye to clutter and hello to a beautifully organized space. Additionally, the crawl space with a cement floor provides even more storage options for those items you don’t use on a daily basis. Prepare to be amazed by the new and lush landscaping surrounding this wonderful abode. To give you a taste of what awaits you in the warmer months, we have even included a captivating YouTube video showcasing the beauty of the property. You won’t be able to resist immersing yourself in the sights and sounds of a vibrant summer paradise right in your backyard. This home features newer fencing, ensuring that your outdoor oasis remains your very own private retreat. Don’t miss out on this amazing opportunity to make this house your home. Call now to schedule a viewing and take the first step towards a life of tranquility and bliss. Your dream home is waiting for you! Call (970) 310-6999 to schedule a private tour or click here for more information.

Alexis Foster | MLS# 1001182

Location, location, location! 8015 N Louden Crossing Court has it all: gorgeous, updated home in a cul-de-sac on over half an acre, close to Windsor, Fort Collins, and Loveland. You will have to see this 6-bedroom, 5-bath home to believe it. Charm, sophistication, a very private setting, and an open floor plan make this a perfect choice! Main level office, eat-in kitchen, garden-level basement, wet bar. Other features include – leathered granite countertops, newly updated primary bathroom, mudroom, spacious rec room, and large deck. Not in a Metro District! To schedule a private tour, call (970) 430-9630 or click here for more information.

Katie Robinson | MLS# 1001152

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473 Mariana Pointe Drive has stunning  Mountain Views! Welcome to your new, move-in ready Mariana Butte patio home! Situated on a corner lot and just a short walk to the Mariana Butte golf course and hiking trails, this is the place you want to call home. The expansive deck has beautiful views of the mountains. This ranch style home has a main floor primary bedroom with a large ensuite bathroom featuring a soaking tub and a spacious walk-in closet. The functional kitchen features skylights and opens up to the living room with a gas fireplace and a beautiful, large picture window. Included on the main level is a study/office, and a laundry room making this the perfect home for main floor living. The finished basement includes a family room, 2 additional bedrooms and a bathroom. There is an unfinished storage room to finish off your basement space. Call (970) 703-4112 to schedule a private tour or click here for more information.

Karla Laferriere | MLS#1001094

Come check out 805 Summer Hawk Dr J59! Conveniently located near shopping and recreation areas and minutes from I-25, you have everything you need nearby! On the main floor you’ll find a spacious living area with a gas fireplace and large window to let in all the Colorado sunshine. The dining area is located next to the kitchen which has ample cabinet space for storage. Upstairs both bedrooms have their own private bathrooms and the primary bedroom features a walk-in closet. The unfinished basement offers lots of opportunity to expand with an additional bedroom or rec room. The community features walking paths, a playground area, and green spaces. Call (719) 310-9336 to schedule a private tour or click here for more information.

Anali Roath | MLS# 1001457

Welcome to 8093 E 134th Place, a very desirable 2 story home with 6 bedrooms, 5 bathrooms, and 4,403 SQFT of finished living space. As one of the largest models in the Villages of Riverdale, you’ll find the home features a large kitchen that opens to the vaulted living room, formal dining room and an office right off the front entrance of the home. The main level has beautiful walnut hardwood flooring. The gourmet kitchen includes a gas stove, dual ovens, a large granite island and an additional area for informal dining. Upstairs, you will find the primary bedroom with 5-piece bath, a loft area and 3 additional bedrooms, one with its own en-suite full bathroom. The home also has a newly finished basement with 2 bedrooms, a beautiful three-quarter bathroom, and an additional family room. The basement also has an abundance of storage space bringing the total square footage of the home to just over 5,000 SF. The backyard has lots of space and a patio for entertaining friends and family. There is a storage shed in the backyard for storing your lawn and gardening gear, so they don’t take up space in the 3-car garage. The large 665 SF garage has built-in shelving and a 220V outlet to plug in an electric car. There are 2 HVAC units in the home. The main units were replaced in 2023. The roof is 5 years old, and the exterior was painted in 2020. This house also enjoys a very low monthly HOA, a south-facing driveway for low shoveling maintenance in the winter months, and an elementary school within walking distance. This property is ideally located within a mile of a police/fire station and a King Soopers Marketplace, quick access to E470 and a mere 20 minutes to the airport without tolls. This home has it all and is ready for you to move right in! Call (970) 646-3035 to schedule a private tour or click here for more information.

Aaron Pearson | MLS# 1002029

If you are seeking tranquil living minutes from town, 5164 Single Tree Drive is a must see property. From the abundant natural light, to the open floor plan, living flows seamlessly. The primary suite features dual walk in closets, a newly remodeled bathroom, and opens up to a gorgeous patio. The two additional main floor bedrooms offer privacy and comfort. Located on a 1/2 acre with beautiful landscaping and a large patio, there is ample room for outdoor activities and entertaining. The unfinished basement offers room for storage or a fresh canvas to design the space of your dreams. In addition, there is RV/boat storage complete with a dump station! Located in the the coveted Prairie Trails, you are minutes away from Loveland, Bodecker and Lon Hagler Reservoirs, hiking trails, and TPC Golf Course. When people think of living the Colorado Dream, this is the property! Call (970) 581-5358 to schedule a private tour or click here for more information!

Tiffany Burns | MLS# 1001961

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