Ridgewood Real Estate Market Report

By
Real Estate Agent with C3 Real Estate Solutions

Ridgewood Real Estate Market Report

ridgewood real estate market report

The NoCo Home Team Perspective

Statistics are great but what does it all mean? Here is our take on this month's Ridgewood Real Estate Market Report

Ridgewood has been a pretty active community in terms of sales for the past few years and this year was no exception.  With a total of 32 homes sold this year alone it ranks as a very popular location for Fort Collins buyers.  There was an overall decline from a whopping 47 solds last year to the 32 this year, which is a significant drop but still high for the area.  The average sales price dropped about $4,000 for those homes sold in 2011.  The average days on market for a sale also dropped from 105 to 97, showing a better turnaround from time of listing to time of closing. Homes are currently selling for about 98% of list price.

 ridgewood real estate market report Ridgewood Hills is one of the unique subdivisions in South Fort Collins that is actually in the City of Fort Collins but a part of the Thompson School District in Loveland.  It sits on the crest of a ridge looking East and bordered by open space along its South and East edges.  The community features homes in the $250-350k price range with moderate square footage and mid-range finishes. In general, Ridgewood Hills is a strong investment and a beautiful neighborhood for your Northern Colorado home ('course that's what we say about all Fort Collins Real Estate!)

 

We hope you've enjoyed this months Ridgewood Real Estate Market Report!

Looking to buy Ridgewood Real Estate? We can help!

Call or Text us at 970-460-4006

 

Looking for something else?

Observatory Village Real Estate Market Report

Ptarmigan Real Estate Market Report

Posted by

Dee Bundy and Leslie Leis - the NoCo Home Team

 

Dee Bundy and Leslie Leis - The NoCo Home Team

ERA Herman Group Real Estate

112 E. Olive

Fort Collins, CO 8052

Cell:970-460-4006

Office: 970-224-9336

greetings@nocohometeam.com

www.NoCoHomeTeam.com

Proudly serving the Fort Collins Real Estate needs of Fossil Lake Ranch, Observatory Village, Ptarmigan, Waterleaf, Ridgewood Hills and all of Larimer County.

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Rainmaker
716,984
Laura Filip
Laura Filip Broker , Opening doors for All Seasons of Life - Whitesboro, TX
What can we do for you today?

Very nice layout and design thank you for the post

Dec 20, 2011 11:33 AM #1
Rainmaker
92,967
NoCo Home Team
C3 Real Estate Solutions - Fort Collins, CO
Sell Smart, Buy Wise & Live Well in Nrthn Colorado

Thanks TLF!

Dec 21, 2011 05:15 AM #2
Rainmaker
2,051,360
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Hi Ladies,

While sales were down based on units the fact there were 32 homes sold is significant and hopefully the market continues to rebound this year.

Thanks for stopping by my blog as I appreciate it.

Jan 04, 2012 12:13 AM #3
Rainmaker
92,967
NoCo Home Team
C3 Real Estate Solutions - Fort Collins, CO
Sell Smart, Buy Wise & Live Well in Nrthn Colorado

That is very true, Robert.  Its great to see so many units moving (especially without it being new construction!) and noteworthy for the price point as well.

Thanks for the comment, Bob.

Take care!

-Dee

Jan 05, 2012 07:56 AM #4
Rainmaker
554,008
Barb Szabo, CRS
RE/MAX Trinity Brecksville Ohio - Cleveland, OH
E-pro Realtor, Cleveland Ohio Homes

I love a chart that is self explanatory!!! Too often my eyes just glaze over when I see other market reports. Nice job!

Jan 06, 2012 01:23 AM #5
Rainmaker
92,967
NoCo Home Team
C3 Real Estate Solutions - Fort Collins, CO
Sell Smart, Buy Wise & Live Well in Nrthn Colorado

Thanks, Barb. We work hard on it because we've had the same problem.  If it takes me more than a minute I'll just skip it.  Thanks for stopping by!

-Dee

Jan 08, 2012 08:49 AM #6
Rainmaker
1,116,634
Jim Frimmer
HomeSmart Realty West - San Diego, CA
Realtor & CDPE, Mission Valley specialist

I'm always jealouse when other areas get their monthly statistics so quickly. Ours usually come out on the fifteenth of the month but that doesn't mean they get published in the newspaper the next day.

Jan 14, 2012 11:28 AM #7
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