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April 2017 Market Report - Brown Farm Fort Collins CO

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

Brown Farm Fort Collins CO

This is the April 2017 Real Estate Market Report for
Brown Farm Fort Collins CO Homes for Sale

 

So far this year, we have seen a bit more activity in Brown Farm than in the last several quarters, as increasing prices have generated some much needed inventory. And while those same price increases have moved this neighborhood out of the comfortably affordable category, buyer interest remains higher than current inventory can satisfy.

 

    Address: Style: Sq.Ft. Bedrooms: Price:
Active:            
  2219  Karakul Tri-Level 1685 3 $325,000
  2312  Hampshire Ranch 2166 4 $339,900
  2433  Compass Bi-Level 2258 4 $380,000
Pending:            
  2230  Ayrshire Ranch 1990 4 $335,000
  1913  Leicester Tri-Level 1511 4 $349,500
  1900  Leicester Ranch 2100 4 $389,900
Sold:            
  2101  Ayrshire Tri-Level 1296 3 $285,000
  2306  Montadale Ranch 1920 3 $300,000
  2819  Stuart 2 Story 1242 3 $308,000
  2118  Yorkshire 2 Story 1320 3 $310,000
  2625  Stuart 2 Story 1320 3 $311,500
  2443  Yorkshire Ranch 1158 3 $325,000
  2155  Romney Ranch 2220 5 $341,500
  2130  Suffolk Bi-Level 2234 5 $360,000
  2242  Charolais Ranch 2533 5 $365,000
  2800  Pipestone Four-Level 2124 4 $365,000
  2514  Courtland Ranch 2720 5 $388,000

 

Home sales have been good in Brown Farm so far in 2016 - there have been 11 sales, ranging in price from a low of $285,000 to a high of $388,000, with a median price of $325,000 and an average price of $332,636. A bit over two years ago, the median price in Brown Farm was $222,500 and the average price was $226,363. Market performance was good - average days to get an offer was 36 and average days on the market was 59. The sale price/list price ratio for these 11 homes was 101.3%, a sign of a strong seller's market and high buyer demand.

 

There are three homes currently on the market in Brown Farm, priced from a low of $325,000 to a high of $380,000. There are another 3 homes under contract and waiting to close.

 

If you would like to watch for new opportunities in Brown Farm, you can browse Brown Farm Homes for Sale frequently. Even better, let us help - we'll set up an on-going search especially for you, with your own customized web site - you'll be notified as soon as new homes are listed for sale in the neighborhood, so you can react quickly. And when you see a home you would like a closer look at, please give us a call - we would love to schedule a showing for you quickly and 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(4)

Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Good Morning Dick Greenberg , have a  great weekend. 

Apr 22, 2017 08:18 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Dick -- with increasing home prices in Brown Farm, homeowners who may be thinking of selling would be wise to contact you and Mary to find out how much their homes may be worth.  It could be a pleasant surprise.  

Apr 22, 2017 08:38 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Dick,

Once again you have demonstrated your savvy on another community in your market place.  There is no doubt you know what you are talking about when it comes to Browns Farm.  A

Apr 22, 2017 10:32 AM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

You are the master at writing pinpoint market reports of housing developments in Fort Collins Dick Greenberg. If I wanted to find a house in Brown's Farm, I would look no farther then you sir!

Apr 22, 2017 10:57 AM