According to the Fort Collins Board of Realtors:
“New Listings were down 9.0 percent for single family homes but increased 17.5 percent for townhouse-condo properties. Pending Sales landed at 168 for single family homes and 82 for townhouse-condo properties.
The Median Sales Price was up 19.7 percent to $525,000 for single family homes and 14.8 percent to $367,508 for townhouse-condo properties. Days on Market decreased 29.9 percent for single family homes and 18.5 percent for townhouse-condo properties.
The most recent data from the National Association of REALTORS® reports the median single-family existing home sales price rose 16% in the third quarter of this year to $363,700, with all four regions of the country experiencing double-digit price growth. In new construction, builder confidence increased in November, surpassing analyst expectations and rising to 83 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), the highest level since spring, despite persistent labor and supply chain challenges and a shortage of available lots."
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.
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