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Fort Collins, CO Real Estate News

By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2017 Real Estate Market Report for Fort Collins CO Homes for Sale in Zip Code 80526  The 80526 zip code for Fort Collins CO covers the west central and southwest portions of the city, and contains established neighborhoods of existing homes, most built between 1950 and 2000, with some newer neighborhoods and smaller commercial developments. Inventory has been low, inadequate to meet high buyer interest in this area of the city, but has been rising in recent months. There are only 63 homes currently on the market in the 80526 zip code, priced from a low of $200,000 to a high of $1,150,000. There are another 67 homes under contract and waiting to close.   Homes have sold well in the 80526 zip code area so far this year even with an inventory shortage - there have been 272...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2017 Real Estate Market Report for Fort Collins CO Homes for Sale in Zip Code 80525  The 80525 zip code for Fort Collins CO consists of the east central and near-southeast sections of the city, and includes established neighborhoods of existing homes, new homes being built in developing subdivisions and extensive commercial development along the main thoroughfares. While inventory has risen in recent months, it continues to fall short of meeting the high levels of buyer demand. There are 105 homes for sale at the present time in the 80525 zip code area, ranging from a low of $300,000 to a high of $2,995,000. There are an additional 106 homes under contract and waiting to close.   And despite low levels of inventory, home sales have been strong so far this year - there h...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2017 Real Estate Market report for Fort Collins CO Homes for Sale in Zip Code 80524  The 80524 zip code for Fort Collins CO encompasses the northeastern section of the city, and includes the east side of the Old Town neighborhood. It contains older existing homes, new construction in developing neighborhoods to the east, and less dense semi-rural development to the north. Prices range from affordable to luxury, and all styles and sizes of homes may be found here. The inventory of homes for sale in the 80524 zip code, while lower than necessary to satisfy buyer demand, has increased in recent months - there are now 112 homes for sale, ranging from a low of $142,900 to a high of $4,000,000. There are another 87 homes currently under contract and waiting to close.  Even wi...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
A bit over one month ago, Mary and I moved into our new home, and it has been quite an adventure. We hadn't moved for quite a while - we lived in our previous house for 12 years (to the day!), and the lifestyle changes were huge. We went from a 5600 sq.ft. 2-story home on a 2 acre lakefront lot to a brand new ranch-style home less than half that size on a 10,000 sq.ft. lot, so there was a lot of mental and physical adjustment necessary. But it was a very good move that made a lot of sense in many ways. Two people living in a 5600 sq.ft. home was insane; even with the dogs, we only really used about half the house for our living space. The stairs were putting a lot of stress on my garbage knees, and moving hopefully gave me a bit more time before the inevitable replacement surgery - I'm ...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2017 Real Estate Market Report for Fort Collins CO Homes for Sale in Zip Code 80521 The 80521 zip code consists of the northwestern areas of the city, and includes the west side of the Old Town neighborhood. It is characterized by older existing neighborhoods and some less dense semi-rural development. Much of the Fort Collins affordable housing stock has traditionally been found in zip code 80521.  The lack of available homes for sale has depressed sales in the 80521 zip code so far this year - there have been 148 sales, ranging in price from a low of $215,000 to a high of $1,250,000, with a median price of $395,000 and an average price of $426,668. Market performance has been good, with an average days to offer of 22 and an average days on the market of 50. The sale p...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2017 Real Estate Market Report for Westchase Fort Collins CO Homes for Sale Home sales in Westchase have been limited so far this year, almost certainly because of a shortage of available inventory - there have been 11 sales, ranging in price from a low of $360,000 to a high of $917,000, with a median price of $434,900 and an average price of $492,027. Market performance was excellent - the average days to offer was 8 days and average days on the market was 40. The sale price/list price ratio for these 11 homes was 99.5%, indicative of a strong seller's market and high buyer demand.        Address: Style: Sq.Ft. Bedrooms: Price: Active:                 2121   Andrews 2 Story 3806 4 $425,000   2127   Baldwin 2 Story 3461 5 $435,000   2120   Westchase 2 Story 5929 4 $500,...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2017 Real Estate Market Report for Ridgewood Hills Fort Collins CO Homes for Sale Homes have been selling well in Ridgewood Hills so far in 2017  - there have been 36 sales, priced from a low of $322,000 to a high of $540,000, with a median price of $400,000 and an average price of $400,000. Market performance has been excellent, with the average days to offer at 16 days and average days on the market at 53. The sale price/list price ratio for these 36 homes was 99.7%, indicative of a strong seller's market and high buyer demand.        Address: Style: Sq.Ft. Bedrooms: Price: Active:                 7403   Fountain Tri-Level 1900 3 $359,950   627   Kim 2 Story 2879 4 $363,750   408   Peyton 2 Story 2368 4 $377,500   321   Strasburg 2 Story 2519 5 $399,900   703   Hillro...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2017 Real Estate Market Report for Old Town Fort Collins CO Homes for Sale Homes in Old Town remain among the most popular choices for home buyers, and homes continue to sell at a premium over other locations. Home sales have been good so far this year, with 87 homes sold, ranging in price from a low of $209,322 to a high of $1,250,000, with a median price of $450,000 and an average price of $478,212. Market performance has been very good, with an average days to offer of 28 days and an average days on market of 60 days. The sale price/list price ratio for these 87 homes was 97.3%.        Address: Style: Sq.Ft. Bedrooms: Price: Active:                 104   S Shields Ranch 932 2 $295,000   317   Locust Ranch 884 3 $320,000   1204   Robertson Ranch 972 3 $328,000   618  ...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2017 Real Estate Market Report for The Harvest Fort Collins CO Homes for Sale The Harvest continues to be one of Fort Collins' most desirable neighborhoods, with unique design features, including extensive open space, alley-loading garages, distinctive architecture and comfortable floor plans. However, real estate activity in the neighborhood has been very slow for the last several years, due entirely to a lack of homes available for sale. And when homes do come on  the market, they sell quickly, often with multiple offers and over asking price. So far in 2017, there have been 6 sales in The Harvest, ranging in price from a low of $384,900 to a high of $475,000, with a median price of $412,000 and an average price of $419,133. Market performance has been excellent, with...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2017 Real Estate Market Report for Fossil Lake Fort Collins CO Homes for Sale After a slow start to 2017 in Fossil Lake, activity has picked up and is approaching normal levels - there have been 18 sales, ranging in price from a low of $535,650 to a high of $1,500,000, with a median price of $641,500 and an average price of $756,761. Market performance was good, with an average days to offer of 46 days and an average days on the market of 96. The sale price/list price ratio for these 3 homes was 98.1%.        Address: Style: Sq.Ft. Bedrooms: Price: Active:                 3143   Twin Wash 2 Story 3427 5 $514,900   3520   Green Spring 2 Story 3886 5 $565,900   3403   Copper Spring 2 Story 4316 4 $627,500   3217   Muskrat Creek Ranch 4924 5 $650,000   3521   Wild View 2 S...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2017 Real Estate Market Report for Eagle Lake Fort Collins CO Homes for Sale As a highly desirable but relatively small subdivision with only 88 homes, sales have been traditionally slow in Eagle Lake because few homes are offered for sale. There have been 2 sales so far this year, a 4 bedroom 2-story that sold for $937,000 after 123 days on the market and a 4 bedroom ranch-style that sold for $950,000 after 85 days on the market. The sale price/list price ratio for these two homes was 96.0%.        Address: Style: Sq.Ft. Bedrooms: Price: Pending:                 415   Eagle Lake Ct 2 Story 3891 4 $780,000 Sold:                 4536   Eagle Lake 2 Story 5674 4 $937,000   3942   Eagle Lake S Ranch 6316 4 $950,000  There are no homes currently for sale in Eagle Lake, and ...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
Current conditions in the Fort Collins CO real estate market are the result of complex interactions between structural, economic and psychological factors. And looking at only one indicator of what is happening is unlikely to give us a complete understanding of causes and effects. But let's do some armchair analysis anyhow - it might be possible to get a better feel for the dynamics of the market, or at least help us ask better questions. We have taken median price data as our point of inquiry, and looked at how it has changed over the past 5 years in representative Fort Collins neighborhoods. We picked neighborhoods that were reasonably homogeneous in terms of price points and grouped them into three categories - by entry, mid and higher price levels. We didn't explore far into the upp...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2017 Real Estate Market Report for Brown Farm Fort Collins CO Homes for Sale Even with continuing low inventory, Brown Farm has been more active this year than in the last several years. Buyers continue to show interest in the neighborhood despite rising prices, and homes, when they do become available, sell quickly and at a premium. Homes have sold well in Brown Farm so far this year - there have been 26 sales, ranging in price from a low of $250,000 to a high of $389,900, with a median price of $342,750 and an average price of $338,391. For some perspective on what has been happening to prices in the neighborhood, slightly over two years ago, the median price in Brown Farm was $222,500 and the average price was $226,363. Market performance has been very good - average...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2017 Real Estate Market Update for New Homes for Sale in Fort Collins CO If you like the idea of a brand new home, never before lived in with new concepts for home design and energy efficiency and the ability to select your own finishes, fixtures and upgrades, you'll find some interesting opportunities by browsing the current inventory of New Homes for Sale in Fort Collins CO. New home builders remain very active in the Fort Collins area, and there is a large selection of inventory as well as the option to build from scratch from the builders' range of models and lots.  There are 116 new homes available for sale*, priced from a low of $194,500 to a high of $1,725,000, in a wide range of locations, sizes, styles, features and price. Of these 116 homes, 43 are finished an...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2017 Real Estate Market Update for Luxury Homes for Sale in Fort Collins CO Home buyers searching for a special home - one with a custom design, unique features, top-of-the-line fixtures and appliances and high quality finishes, on a larger lot with views - fill find much of interest by browsing the current inventory of Luxury Homes for Sale in Fort Collins CO. The market for these homes favors buyers slightly at this time, so prices are competitive, and the wide selection of choice should provide some excellent options.  There are 242 luxury homes currently for sale in Fort Collins, priced from a low of $500,000 - our starting point for defining the luxury home market - up to a high of $4,000,000, providing a nice selection of styles, sizes and locations to choose from...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2017 Real Estate Market Update for Condos and Townhomes for Sale in Fort Collins CO If you're a first-time home buyer interested in a more affordable option than single family homes, an empty-nester downsizing to a more manageable home that better fits your reduced need for space, or are interested in low-maintenance living with amenities like a swimming pool, tennis courts or a fitness facility, a condo or townhome may be the perfect solution. Take a look at the current inventory of Condos and Townhomes for Sale in Fort Collins CO to check out the possibilities.  There are 80 condos and town homes available for sale in Fort Collins CO, with prices ranging from a low of $182,000 to a high of $1,495,000, providing a nice choice of sizes, locations and features. There are...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2017 Real Estate Market Report for Affordable Homes for sale in Fort Collins CO If you are a first-time homebuyer working with a limited budget, a renter who would like to take advantage of the financial benefits of owning a home, or someone who would like to see less of their income spent on housing, you'll want to check out the available inventory of Affordable Homes for sale in Fort Collins CO. Be aware, however, that there is a scarcity of affordable homes for sale in the Fort Collins area, and strong competition from other interested buyers. Being successful in your search will require having your financing in place and being able to act quickly when a good opportunity arises.Please note that we have recently raised the ceiling for our definition of affordable home...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2017 Market Update for Acreage Homes for Sale in Fort Collins CO If you have a yearning for wide open spaces and want a home on a larger lot, offering more peace and quite, some space between you and your neighbors, nice views and perhaps the opportunity to raise some horses or do a 4-h project with your kids, you'll find some interesting possibilities by browsing the current inventory of Homes on Acreage in Fort Collins CO.   There are 119 homes on one or more acres on the market in the Fort Collins area, priced from a low of $75,000 to a high of $11,700,000, offering a nice choice of locations, sizes, styles, features and prices. 61 of these homes, just over half, are identified as horse properties, and may have barns, pastures, paddocks and other horse facilities alr...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2017 Real Estate Market Update for Five Bedroom Homes for Sale in Fort Collins CO If you're searching for a big home to meet the needs of your large or multi-generational family, want a home office or craft room, have frequent house guests, or just have a more expansive lifestyle, you'll be interested in browsing the current inventory of Five Bedroom Homes for Sale in Fort Collins CO, where you will most likely find some interesting options to consider.   There are 107 5-bedroom or larger homes for sale in Fort Collins, ranging in price from a low of $320,000 to a high of $4,000,000, with most of these homes are priced over $500,000. 32 of these homes - about 30% - are 1-story ranches, and many of these will offer finished basements with bedrooms. There are another 64 o...
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By Dick Greenberg, Northern Colorado Residential Real Estate
(New Paradigm Partners LLC)
This is the July 2017 Real Estate Market Update for Four Bedroom Homes for Sale in Fort Collins CO If you need a bigger home to accommodate a large or growing family or frequent house guests, or want room for a home office or hobby space. you'll want to take a close look at the current inventory of Four Bedroom Homes for Sale in Fort Collins CO. These homes provide a nice range of choice in sizes, styles and prices, and are common in neighborhoods throughout the city.   There are 182 four bedroom homes currently on the market in Fort Collins, priced from a low of $302,375 to a high of $1,725,000. 44 of these homes, about a quarter of them - are 1-story ranches, and may provide finished basements. There are an additional 156 four bedroom homes under contract and waiting to close. Four be...
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