Market Report for University Acres November 2013, Fort Collins, CO
Winter has arrived here in Fort Collins! About 4 inches of snow, our forecasted high of 12 degrees has all ready been met and not really looking forward to our -7 degrees tonight! Anyway it is a good day for computer work!
University Acres is a 1960’s neighborhood that I just really like (and happen to live in). There are a lot of brick ranches with basements and most have garages (1 or 2 car) and the lots are a good size. The neighborhood is adjacent to grocery stores, elementary and middle schools. Really the neighborhood is very centrally located within the City.
Cumulative Comparative Market Analysis
|
Status |
Count |
Total Price |
High Price |
Low Price |
Avg Price |
Median Price |
ADOM/ACDOM |
|
Sold |
1 |
$303,500 |
$303,500 |
$303,500 |
$303,500 |
$303,500 |
47/141 |
|
Active |
1 |
$475,000 |
$475,000 |
$475,000 |
$475,000 |
$475,000 |
146/146 |
|
Withdrawn |
0 |
|
|
|
|
|
|
|
Expired |
0 |
|
|
|
|
|
|
|
Pending |
0 |
|
|
|
|
|
|
|
ALL |
2 |
$778,500 |
$475,000 |
$303,500 |
$389,250 |
$389,250 |
96/143 |
Listings included in this report are selling at an average of 93% of listing price.
This is a popular neighborhood and it shows in the lack of availability. Prices are beginning to creep up into the $300,000’s in this neighborhood. The home that sold had been on the market a long time comparatively to the rest of the neighborhood (141 days total). Price and the homes proximity to a busy street were the reason for the delay. The home sold at 93% of list price and this Neighborhood is at 99% otherwise. The home that is still "Active" I anticipate to be available for some time at its current price.
Please contact me if you have any questions about this neighborhood or others in Northern Colorado.
Have a great week! Mike.
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