Ups and Downs

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Here is a look at how the market performed in August versus August 2022

 

Prices:

Larimer County Up 4%

Weld County Up 8%

Metro Denver Up 6%

 

Transactions:

Larimer County Down 18%

Weld County Down 31%

Metro Denver Down 15%

 

Inventory:

Larimer County Up 18%

Weld County No Change

Metro Denver Down 4%

The post Ups and Downs appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

Under 100

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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 to offer more than list price.

Now, the sale to list price ratio has dropped to below 100% as a result of a more balanced market.

These are the specific numbers in each of our markets:

Larimer County = 98%

Weld County = 99%

Metro Denver = 97%

The post Under 100 appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

Two Week Snapshot

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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%

The post Two Week Snapshot appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

What the Numbers Say

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During a time of varying opinions and heavy speculation about the Front Range real estate market, let’s see what the actual numbers are telling us:

Inventory is up significantly year over year:

  • Larimer County = +48%
  • Weld County = +52%
  • Metro Denver = +74%

However, supply is still low as measured by months of inventory:

  • Larimer County = 1.1 Months
  • Weld County = 1 Month
  • Metro Denver = 1 Month

Transaction count is down as the pace of sales is slowing:

  • Larimer County = -24%
  • Weld County = -15%
  • Metro Denver = -19%

Yet, average prices are still up versus last year:

  • Larimer County = +18%
  • Weld County = +10%
  • Metro Denver = +14%

The post What the Numbers Say appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.

What the Numbers Say

/in , , , , , , , /by

During a time of varying opinions and heavy speculation about the Front Range real estate market, let’s see what the actual numbers are telling us:

Inventory is up significantly year over year:

  • Larimer County = +48%
  • Weld County = +52%
  • Metro Denver = +74%

However, supply is still low as measured by months of inventory:

  • Larimer County = 1.1 Months
  • Weld County = 1 Month
  • Metro Denver = 1 Month

Transaction count is down as the pace of sales is slowing:

  • Larimer County = -24%
  • Weld County = -15%
  • Metro Denver = -19%

Yet, average prices are still up versus last year:

  • Larimer County = +18%
  • Weld County = +10%
  • Metro Denver = +14%

The post What the Numbers Say appeared first on Fort Collins Real Estate | Fort Collins Homes for Sale & Property Search.