When it comes to the housing market for existing homes, turn off that TV. All they do is rehash the woe is me syndrome. Here is the local information on our market here in Fort Collins Colorado. As you can see below, we are blessed to live in Colorado.
Volume, the number of homes that have sold, is a good indicator of the market. In the Ft Collins/Wellington market home sales was up 8.2% year to date. Another market indicator is median price. Again Fort Collins/Wellington is up 3.2%. We have seen the average price go up as well indicating buyers are wanting to upgrade to a more expensive home.
Existing Home Sales Numbers January through September 2010:
|
Market Area |
Homes Sold |
Total $ Volume |
High $ |
Low $ |
Median $ |
Average $ |
|
Fort Collins-Wellington |
1685 |
$441,018,966 |
$2,000,000 |
$30,000 |
$229,000 |
$261,732 |
Rob Proctor, Broker w/ At Home Real Estate Co in Loveland Colorado
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