The first Quarter of 2013 home sales results are in and for all accounts it’s going to be an exciting year for Northern Colorado Real Estate.
In Loveland-Berthoud, the existing home volume is up 11% over the same period as last year. Fort Collins–Wellington volume is up 26%. Greeley-Evans is showing a positive 17%, and Windsor saw a decrease of 9%. Is it sustainable? That is the question everyone is asking. However one thing we know, there isn’t enough inventory out there to sell. We ended 2012 with 30% fewer homes on the market than the year before.
All market areas but one are seeing higher prices. Loveland-Berthoud median and average prices are up 2.0% and 0% respectively. Fort Collins-Wellington prices are up 8.0% and 8.0%. Greeley-Evans prices are both up 13%. Finally the underdog Windsor prices are down 9.5% and 9.7%. Windsor prices are continuing to fall in-line with the other areas as prices fell 12% and 5% respectively.
Existing Home Sales Year to Date
|
Market Area |
Homes Sold |
Total $ Volume |
High $ |
Low $ |
Median $ |
Average $ |
|
Loveland-Berthoud |
277 |
$71,304,152 |
$1,000,000 |
$50,000 |
$217,000 |
$257,416 |
|
Fort Collins-Wellington |
492 |
$141,361,760 |
$1,287,500 |
$48,300 |
$250,000 |
$287,321 |
|
Greeley-Evans |
278 |
$47,142,514 |
$545,000 |
$23,000 |
$154,900 |
$169,577 |
|
Windsor |
70 |
$20,380,762 |
$1,150,000 |
$120,000 |
$249,125 |
$291,154 |
Data Source: Information Real Estate Services (IRES), Information deemed reliable but not guaranteed. All numbers are for residential single family sales only and do not include attached home.
New Contruction Year to Date
|
Market Area |
Homes Sold |
Total $ Volume |
High $ |
Low $ |
Median $ |
Average $ |
|
Loveland-Berthoud |
89 |
$25,273,558 |
$634,475 |
$119,900 |
$270,000 |
$283,973 |
|
Fort Collins-Wellington |
115 |
$33,378,779 |
$649,930 |
$181,372 |
$263,000 |
$290,250 |
|
Greeley-Evans |
14 |
$3,488,286 |
$430,015 |
$186,900 |
$237,205 |
$249,163 |
|
Windsor |
59 |
$18,148,725 |
$634,475 |
$205,360 |
$292,500 |
$307,606 |
Rob Proctor, Managing Broker/Owner of At Home Real Estate Company in Loveland Colorado
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