Here’s a trivia question… The number of new, single-family homes completed in 2022 will most closely resemble which prior year? If you guessed 1993, you are correct. Yes, the number of homes built and completed this year is no more than the number from 30 years ago. In 2022, there will be just over 1 […]
The post Like 1993 appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
Here’s a trivia question… The number of new, single-family homes completed in 2022 will most closely resemble which prior year? If you guessed 1993, you are correct. Yes, the number of homes built and completed this year is no more than the number from 30 years ago. In 2022, there will be just over 1 […]
The post Like 1993 appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
For the first time in a long time, the sale to list price ratio is below 100%. This statistic measures the final sales price versus the listing price. During the super-active market of the last 24 months, this number averaged over 100%. This was a result of multiple offers and bidding wars which caused buyers […]
The post Under 100 appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
“I thought the market was cooling off, so why are prices still going up?” This is a frequent question we hear from our clients. They are understandably confused by the fact that average prices have continued to rise at a rapid pace even though sales activity is slower than what it was 6 months ago. […]
The post What Gives? appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
Our clients wonder what a recession would mean for the real estate market. Many assume it would translate into a downturn in prices. Some even worry that it would cause values to come crashing down. We looked back in history, at past recessions, to gain an understanding of what recessions mean for the Front Range market. […]
The post The “R” Word appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
Our clients wonder what a recession would mean for the real estate market. Many assume it would translate into a downturn in prices. Some even worry that it would cause values to come crashing down. We looked back in history, at past recessions, to gain an understanding of what recessions mean for the Front Range market. […]
The post The “R” Word appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
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 […]
The post New Listings July 2022 appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
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 […]
The post Asking Price Drop appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
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 […]
The post More Days appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.
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...
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