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Fort Collins CO Homes for Sale Zip Code 80521 - October 2017

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

This is the October 2017 Real Estate Market Report for
Fort Collins CO Homes for Sale in Zip Code 80521

 

The 80521 zip code covers the northwestern portions of the city, and includes the west side of the Old Town neighborhood. It is known for its older existing neighborhoods as well as some less dense semi-rural development to the north. A significant portion of the Fort Collins affordable housing stock has traditionally been found within zip code 80521.

 

Fort Collins CO Homes for Sale Zip Code 80521 October 2017

 

A shortage of inventory in the 80521 zip code has kept home sales lower than usual so far in 2017 - there have been 232 sales, ranging in price from a low of $215,000 to a high of $1,325,452, with a median price of $382,800 and an average price of $429,595. Market performance has been very good, with an average days to offer of 21 and an average days on the market of 51. The sale price/list price ratio for these 232 homes was 99.5%, a sign of a strong seller's market and high buyer demand.

 

The inventory of homes for sale in the 80521 zip code continues at levels much lower than optimal - there are only 35 homes for sale at the present time, priced from a low of $290,000 to a high of $1,599,850. And as for affordability, only two of these homes are priced below $300K, our affordable housing ceiling. There are another 27 homes under contract and waiting to close.

 

If you would like to check out what's currently on the market, take a look at Homes for Sale in Fort Collins CO Zip Code 80521. When you see a home that you'd like a closer look at, please give us a call - we would love to schedule a showing for 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(4)

Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Dick,

Your support definitely suppots the fact that Fort Collins is a desirable place to live.  Hopefully more inventory will come on the market in the near future.  Wishing you both a wonderful week.  A

Oct 30, 2017 09:28 AM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

I'm assuming there is not a lot of new construction options in this area of Fort Collins, is that correct? It would definetly make the available inventory even tighter, I'm guessing.  Happy Monday to you both. D 

Oct 30, 2017 09:36 AM
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Only 35 homes available doesn't offer much of a selection.  Great market update with very useful information.

Oct 30, 2017 09:43 AM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Great market report Dick Greenberg  on Fort-Collins-co-homes-for-sale-zip-code-80521

Oct 30, 2017 10:00 AM