Skip to main content
Fort Collins Colorado Real Estate Market

The Fort Collins, Colorado residential real estate market is a solid one and one that’s not full of a lot of surprises. In fact, this year, the Coloradoan, part of the USA Today network, published a forecast piece, expecting the 2018 year to actually be “boring.”

For those interested in the Fort Collins real estate market, that might not necessarily inspire confidence. That is, until digging deeper into the overall economic climate of northern Colorado and Larimer County.

Fort Collins Colorado Real Estate Market

Fort Collins is situated in the northern part of the Centennial State, known for its Old Town historic district, vintage trolley, and quaint specialty stores and eateries. It’s largely a quiet place but still offers much to see and do. And, for just about any time of year, during all four seasons.

Fort Collins and Larimer County, at-large, boast a low unemployment rate, strong job market, rising wages, and a strong housing market. All combined, this makes Fort Collins a great place to call home.

The Fort Collins real estate market hasn’t exactly reflected much change over the past few years. This is particularly true from around the start to mid-2015, through 2016 and 2017, to mid 2018.

In fact, the median listing price over the last few years has only slightly risen. In mid 2015, the median listing price hovered around the high $300s, by the beginning of 201, it nearly reached $400 and stayed right around there until after the first quarter of 2018. By mid 2018, it’s topped above $400k and appears like it’s on a very slight rise.

However, the days on the market are totally different. In mid 2015, the median days on market was about 40, rising to 50 and then 60 days by the end of the year. At the start of 2016, the median DOM spiked above 70, the steeply fell to the middle 40s through most of 2016. Eventually the median days on market briefly hit 70 at the beginning of 2017, only to fall to almost 50 days by mid year. Today, that figure is about 40 days on the market.

Fort Collins is quite diverse in its residential housing, meaning there’s something for just about everyone here. Single family homes, condos, and townhouses, with floor plans ranging from quaint to family sized to luxury houses.

Another bit of good news for homebuyers and homeowners, is there’s an abundance of apartment complexes under construction or in development. That certainly benefits homeowners and buyers alike due to oversupply

Comments

Post a Comment

Popular posts from this blog

Tips For A Safe Open House While an open house is a terrific means to in fact meet the best buyer for your home, it is additionally a terrific opportunity for people with bad objectives to do their rude actions. More than allowing your residence to in fact fit excellent purchasers, you may likewise be suiting poor individuals. So just how are you are precisely most likely to do the open residence while safeguarding your house? Below are some tips. Keep away vital papers having relevant details such as Social Security numbers as well as checking account. These numbers of numbers can really be crucial in the direction of committing criminal offenses using your identity. Get rid of precious jewelry, vintage items, as well as other items of high values. These are eye sweets and also can easily draw in robbers and also burglars. Electronic gizmos like tablets, laptops, and smart devices ought to additionally be protected. Your individual and some confidential information can be dri...
Post a Comment
Read more
Fort Collins Colorado Cost of Living The Fort Collins cost of living is one that make living in the Centennial State worthwhile in more ways than one. Located in the northern part of the state, it’s the home of the Old Town historic district. Residents and visitors alike enjoy the old 19th century houses, the vintage trolley, as well as all those wonderful boutique shops, and tasty eateries. Also home to the Fort Collins Museum of Discovery, this is one great place to call home. Fort Collins Colorado Cost of Living For those wondering what it’s like to live in Fort Collins, it’s best to have an understanding of how it compares to a national average score. Well, the Fort Collins cost of living performs much better, offering more savings on daily and monthly expenses. So, let’s take a look at the cost of living for Fort Collins, Colorado. The baseline average across the United States is 100 points. Here’s the relative cost of living for Fort Collins: 1. Utilities. I...
Post a Comment
Read more