Market Report for University Acres in Fort Collins Colorado 80524

By
Real Estate Broker/Owner with Elevations Real Estate, LLC CRE# 40025063

Here is the April Market Report for University Acres in Fort Collins, CO 80524 (Yes, that is a current photo!!).

 

University acres photo  

Cumulative Comparative Market Analysis
Status Count Total Price High Price Low Price Avg Price Median Price ADOM/ACDOM
Sold 1 $315,000 $315,000 $315,000 $315,000 $315,000 134/134
Active 3 $920,500 $332,500 $259,000 $306,833 $329,000 43/43
Withdrawn 0            
Expired 0            
Pending 0            
ALL 4 $1,235,500 $332,500 $259,000 $308,875 $322,000 66/66

Listings included in this report are selling at an average of 98% of listing price.

 

The home that sold in the last month was over priced to begin with and was on the Market for longer than it should have been.  The home received numerous offers above what the home had sold for in May of 2012.  Finally priced appropriately the home sold in just a few days. The three Active homes are currently under contract and had competing offers within the first week of being on the market.

 

As usual this is a strong neighborhood.  If you would like more information about this neighborhood please contact me.  Have a great day, Mike.

Posted by

Mike Sibbald

970-231-8609

mike@mikesibbald.com

http://www.mikesibbald.com

Comments (3)

Anna Banana Kruchten CRS, CRB, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

WOW! Mike that is an awesome shot and it's hard to believe it's April 17.  What the heck happened?   Great report!!

Apr 17, 2013 05:56 AM
Mike Sibbald
Elevations Real Estate, LLC - Fort Collins, CO
Broker/Owner Elevations Real Estate, LLC

Thank you for your comment on my Market Report Anna.  We have had almost two feet of snow here in Fort Collins!  I can't remember this much snow this time of year in the 22 years I have lived here!  It sure helps our water situation though!  Have a great day!

Apr 17, 2013 09:19 AM
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Mike - Nice market report for University Acres. Love the picture - it must be from the last couple of days.

Apr 18, 2013 12:47 AM

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