According to the Fort Collins Board of Realtors:
"New Listings were down 19.1 percent for single family homes but increased 2.1 percent for townhouse-condo properties. Pending Sales landed at 216 for single family homes and 83 for townhouse-condo properties.
The Median Sales Price was up 11.0 percent to $466,250 for single family homes and 16.5 percent to $318,500 for townhouse-condo properties. Days on Market decreased 14.7 percent for single family homes and 43.7 percent for townhouse-condo properties.
The Mortgage Bankers Association’s January research estimates approximately 2.7 million homeowners with mortgages are currently in forbearance plans. Some of these homes may eventually come to market, but given the strong appreciation in most market segments in recent years, these eventual home sales are likely to be mostly traditional sellers. However, a modest increase in short sales and foreclosures at some point this year would not be surprising."
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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