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September 2011 Real Estate Market Report - Fort Collins CO

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

Here's how the market performed through September for Fort Collins CO Homes for Sale:

Fort Collins CO Real Estate Sales September 2011

September property sales were 185, up 5.7% from 175 in September of 2010 and 31.5% lower than the 270 sales last month. September 2011 sales were at a mid level compared to September of 2010 and 2009. September year-to-date sales of 1,968 are running 6.2% behind last year's year-to-date sales of 2,099.

Fort Collins CO Real Estate Prices September 2011The Median Sales Price in September was $220,000, down 6.4% from $235,000 in September of 2010 and equal to $220,000 last month. The Average Sales Price in September was $264,295, up 0.4% from $263,132 in September of 2010 and up 5.8% from $249,750 last month. The September 2011 Average Sales Price was at the highest level compared to September of 2010 and 2009.

Fort Collins CO Real Estate Inventory September 2011The Total Inventory of Properties available for sale as of September was 1,096, up 6.6% from 1,028 last month and down 7.1% from 1,180 in September of last year. September 2011 Inventory was at its lowest level compared with September of 2010 and 2009. The Average Days On Market for September was 62, up 6.9% from 58 days last month and down 11.4% from 70 days in September of last year. The September 2011 Average Days On Market was at a mid level compared with September of 2010 and 2009.

Looking at this data, we don't see signs of much change - the market is still slow. But it continues to provide ready buyers with excellent opportunities to purchase a great home at an attractive price. If you would like to take a look at what's being offered, browse Fort Collins CO Homes for Sale. And if you find something interesting, please give us a call - we'd be happy to show any of them to you.

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

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