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Affordable Homes for Sale in Fort Collins CO - July 2012

By
Real Estate Broker/Owner with New Paradigm Partners LLC EB #1326335

Here is the July 2012 Market Segment Report for Affordable Homes for Sale in Fort Collins CO.

Affordable Homes for Sale in Fort Collins CO July 2012

Buyers looking for a nice home on a limited budget will be interested in taking a look at the available inventory of Affordable Homes for Sale in Fort Collins CO.

There is currently a large available inventory, with 287 homes on the market, ranging in price from $50,000 to $200,000. Within this group of homes, there is a lot of choice in size, style, location and condition - it should be possible to find something that works well for almost any need.

This segment of the Fort Collins CO real estate market has performed very well so far in 2012 – there have been 380 sales of Affordable Homes for Sale in Fort Collins CO, with prices ranging between $25,500 to $200,000, with a median price of $177,000, and an average price of $169,352. Average days to get an offer for the homes that sold has been 75 days, with an average days on the market of 111, a considerable improvement since our last report in April, 2012. These 380 homes sold for an average of 98.3% of listing price.

Because there are frequent changes to the available inventory in this market segment, if you would like to follow what is happening more closely, please let us know and we'll set up an on-going search especially for you, with your own customized web site - you'll be notified whenever new listings are posted.

And if you find something that looks like it might meet your needs, please give us a call – we’d be pleased to show any of these homes to you at your convenience.

Posted by
Mary & Dick

Mary & Dick Greenberg
New Paradigm Partners LLC
2601 S. Lemay Ave. #41
Fort Collins, CO 80525
970-689-4663
www.maryanddick.com

 

Data Source: IRES MLS

Comments(6)

Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

How many homes were lost to the fire, Dick?  And, will that affect your market.  Curious minds want to know.

Jul 10, 2012 05:48 AM
Bobbie Smith
Stroudsburg, PA
570-242-1891

Nice stats. Your colorful chart really grabs you.  Love to hear about "good" markets.

Jul 10, 2012 06:40 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Dick, You have some very affordable homes there that sure to fit lots of folk's pocketbooks.

Jul 10, 2012 06:51 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Dick I was surprised how you have such a large inventory of affordable homes.

Jul 10, 2012 10:48 AM
Florida Tolbert Team Keller Williams Advantage
Keller Williams Advantage III Realty in Lake Nona - Orlando, FL
Keller Williams Land Luxury Division Specialist

Sounds like your lower end market and ours in Port St Lucie, FL are both absolutely rocking right now.  And I don't know about you but i have no problem doing 20 sales per month at a lower average than say 2 to 4 at the higher prices. 

I love the excitement of being busy.

Jul 10, 2012 01:29 PM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Dick -- incredible number of entry level homes in Fort Collins -- great opportunity for renters to transform into homeowners.   

Jul 11, 2012 12:23 AM