The Last Decade

Did you know home values in Larimer County have more than doubled in the last ten years?

Larimer County average prices are up 125% compared to 2014.  Weld County’s are up 134%

Here’s where it gets interesting…

Many people would guess that a significant portion of those gains occurred in the last five years.

However, in Larimer County the last five years of price growth was only slightly higher than the previous five years.

Weld County actually saw more price growth, on a percentage basis, from 2014 to 2019 as compared to 2019 to today.

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

The Last Decade

Did you know home values in Larimer County have more than doubled in the last ten years?

Larimer County average prices are up 125% compared to 2014.  Weld County’s are up 134%

Here’s where it gets interesting…

Many people would guess that a significant portion of those gains occurred in the last five years.

However, in Larimer County the last five years of price growth was only slightly higher than the previous five years.

Weld County actually saw more price growth, on a percentage basis, from 2014 to 2019 as compared to 2019 to today.

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

Leap Year

The statistic that is leaping so far in 2024 is inventory.

Northern Colorado is seeing a big uptick in number of homes for sale.

However, it is not an alarming amount and is still a ‘Seller’s Market’ by definition.

Larimer County inventory is up 39% and Weld County is up 48%.

Months of inventory is up to 2.3 in Larimer County from 1.7 months a year ago.

Weld County is also at 2.3 months today and was only 1.2 months a year ago.

With higher inventory comes more selection for buyers and more importance for sellers to price right.

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

Leap Year

The statistic that is leaping so far in 2024 is inventory.

Northern Colorado is seeing a big uptick in number of homes for sale.

However, it is not an alarming amount and is still a ‘Seller’s Market’ by definition.

Larimer County inventory is up 39% and Weld County is up 48%.

Months of inventory is up to 2.3 in Larimer County from 1.7 months a year ago.

Weld County is also at 2.3 months today and was only 1.2 months a year ago.

With higher inventory comes more selection for buyers and more importance for sellers to price right.

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

Tracking Change

The market is changing. The change is slight, not drastic.

Both potential sellers and potential buyers need to know that the pace of the market has slowed since the Spring.

Here is one way we track this change…

A review of the August numbers shows the pace of sales in each of our Front Range markets:

  •  Larimer County = 18 closings per day
  • Weld County = 16 closings per day
  • Metro Denver = 165 closings per day

Based on the pace of sales, we can determine the inventory of current homes for sale measured in days:

  • Larimer County = 24 days of inventory
  • Weld County = 23 days of inventory
  • Metro Denver = 18 days of inventory

Then we can measure the increase in days of inventory versus April of this year:

  • Larimer County = 26% increase
  • Weld County = 15% increase
  • Metro Denver = 20% increase

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