Sign Surprise

Given how active our market is today and has been over the last few years, many people assume that virtually every home with a “For Sale” sign in the front yard is already under contract.

 

They are surprised to learn that, in most cases, the “For Sale” sign does indeed represent a home that is actively for sale.

 

For example, today in Fort Collins there are 655 single-family homes on the market. 290 of these are under contract and will be closing soon. 365 of these are still active. So, 56% of the signs in Fort Collins are in front of homes that are still available.

 


Here are the specific numbers for each of our Northern Colorado markets:
• Fort Collins = 56%
• Loveland = 57%
• Windsor = 58%
• Greeley = 41%

 

 

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Over List

A statistic we keep our eye on is the percentage of homes which sell for at least list price.

In a robust, healthy, market with lower inventory, we will frequently see homes selling for their asking price or even higher.

 

Here are the number of sales that occur for list price or higher in each of our major markets:

• Fort Collins = 60%
• Loveland = 60%
• Greeley = 71%
• Windsor = 56%

 


There are a couple of things we notice about these numbers. First, well over half of all sales are for at least list price. This means that a buyer needs to be prepared to make a full price offer (or higher) in most cases. This also means that if a seller is priced right and marketed effectively, they should achieve their asking price.

We also notice that these percentages are lower than one year ago. In 2018 these numbers were 5% to 10% higher in each market. This is good news for buyers of course because the bidding wars are not as intense as last year.

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Wonderful End-Unit Townhome!

This beautiful 3-bedroom, 4-bathroom end unit town-home at 4324 W 14th Street Drive in Greeley comes with two master suites, each with its own full bath! Gas fireplace, central air conditioning, and a private yard that leads to the detached over-sized 2-car garage. Finished basement with family room and bedroom! Low HOA fee. Contact Kyle Basnar at (970) 481-5689 for your private showing for more information or click the link below for more details.

http://windermerenoco.com/listing/96561399

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Beautiful Move In Ready Condo!

Immaculate 1 bedroom condo at 5151 West 29th Street in Greeley’s popular T-Bone Ranch community! This home features a main level entry with attached 1 car garage access. All living space is on the 2nd floor and boasts a large kitchen with new countertops and plenty of storage. High vaulted ceilings, gas fireplace, and upgraded lighting. HOA fee includes water, trash, swimming pool and clubhouse. This beautiful home is a great value…and move-in ready! Contact Jon Holsten for your private showing at (970) 237-2752 for more information or click the link below for more details.

http://windermerenoco.com/listing/91376430

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