If you haven’t heard, we are in a seller’s market! If a home is in good condition, good location, and not too overpriced, multiple bid offers are coming in with-in the first week of being on the market.
In Loveland-Berthoud, the existing home volume is up 12.4% over the same period as last year. Fort Collins–Wellington had a surge last month and volume is up 20.4%. Greeley-Evans has blossomed with an increase of 25.6% from last year, and Windsor has a small increase over last year at 1.8% growth.
All market areas are seeing higher prices. Loveland-Berthoud median and average prices are up 2.1% and -0.6% respectively. The negative average price is due a shift in lower priced homes selling making up the volume. Fort Collins-Wellington prices are up 6.8% and 6.9%. Greeley-Evans prices are both up 11.8% & 11.2%. It is interesting that Greeley’s volume is down but prices are increasing. Finally Windsor prices are still becoming more realistic with the region at a modest 0.7% and 1.5%.
Existing Single Family Home Sales Year to Date (January to April 2013)
|
Market Area |
Homes Sold |
Total $ Volume |
High $ |
Low $ |
Median $ |
Average $ |
|
Loveland-Berthoud |
418 |
$112,634,652 |
$1,150,000 |
$50,000 |
$223,650 |
$269,461 |
|
Fort Collins-Wellington |
733 |
$210,700,190 |
$1,800,000 |
$48,300 |
$252,000 |
$287,449 |
|
Greeley-Evans |
412 |
$71,017,874 |
$545,000 |
$23,000 |
$156,500 |
$172,373 |
|
Windsor |
116 |
$35,649,412 |
$1,150,000 |
$108,000 |
$266,000 |
$307,323 |
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 Construction Single Family Homes Year to Date (January to April 2013)
|
Market Area |
Homes Sold |
Total $ Volume |
High $ |
Low $ |
Median $ |
Average $ |
|
Loveland-Berthoud |
133 |
$39,215,243 |
$634,475 |
$64,000 |
$292,000 |
$294,851 |
|
Fort Collins-Wellington |
155 |
$45,299,466 |
$649,930 |
$181,372 |
$261,743 |
$292,255 |
|
Greeley-Evans |
21 |
$5,013,202 |
$430,015 |
$145,000 |
$235,410 |
$238,724 |
|
Windsor |
86 |
$6,880,396 |
$634,475 |
$64,000 |
$297,025 |
$312,563 |
Rob Proctor - Broker/Owner of At Home Real Estate Company in Loveland Colorado
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