Market Happenings
According to the Fort Collins Board of Realtors:
"New Listings were down 17.5 percent for single family homes but increased 6.3 percent for townhouse-condo properties. Pending Sales landed at 254 for single family homes and 81 for townhouse-condo properties.
The Median Sales Price was up 8.2 percent to $525,000 for single family homes and 15.3 percent to $340,000 for townhouse-condo properties. Days on Market decreased 38.9 percent for single family homes and 36.4 percent for townhouse-condo properties.
There are signs the market may be shifting, however. New listings have continued to hit the market, bucking seasonality trends commonly seen in the fall, a time when listing and sales activity typically slows as children return to school. As inventory increases, competition for homes may soften, and could even bring a moderation in sales prices, which, after 114 months of year-over-year gains, would be music to the ears of homebuyers throughout the country."
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!
