According to the Fort Collins Board of Realtors:
"New Listings were down 24.0 percent for single family homes and 1.1 percent for townhouse-condo properties. Pending Sales landed at 268 for single family homes and 111 for townhouse-condo properties.
The Median Sales Price was up 16.4 percent to $494,500 for single family homes and 5.7 percent to $335,500 for townhouse-condo properties. Days on Market decreased 22.6 percent for single family homes and 37.8 percent for townhouse-condo properties.
While many homebuilders are working to increase their activity, the cost of lumber and other materials and a backlogged supply chain continue to limit new home construction and have increased costs substantially. New methods of construction, including 3d printed homes, could speed construction and reduce costs in the future, but realistically are several years away from making a measurable impact in the market."
For more news and a complete review of the latest housing statistics and information compiled by the Fort Collins Board of Realtors click this link and download the full report.
Want to get an up to the minute market report on any town in NoCo?
Check out this page - click on the graph and follow the past and current trends in Fort Collins.
Further, go to our homepage www.tophomesforsaleco.com and select a town listed there and you will be able to see other town's stat too!