"New Listings remained flat for single family homes but increased 24.7 percent for townhouse condo properties. Pending Sales landed at 225 for single family homes and 67 for townhouse-condo properties. The Median Sales Price was up 4.7 percent to $415,433 for single family homes and 1.2
percent to $294,000 for townhouse-condo properties. Days on Market increased 31.3 percent for single family homes and 30.0 percent for townhouse/condo properties. As we begin the slower time of year for home sales, historically low mortgage rates will continue to support buyer demand and may create additional lift to home prices as excellent affordability gives
buyers the ability to offer more to secure their dream home. Throughout much of the country, the continued low level of housing inventory also continues to constrain sales activity from where it would likely be in a balanced market."
For more news and a complete review of the latest housing statistics and information compiled by the Fort Collins Board of Realtors click here and download the full report.