Market Report for South College Heights Year End 2013, Fort Collins, CO
South College Heights is another of the mid 1960's-to early 1970's neighborhoods that I just really like Once again a lot of brick ranches with basements and bi-levels. Plus 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, bike paths and parks. 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 |
29 |
$6,970,850 |
$273,000 |
$197,000 |
$240,374 |
$239,000 |
40/40 |
|
Active |
0 |
|
|
|
|
|
|
|
Withdrawn |
0 |
|
|
|
|
|
|
|
Expired |
0 |
|
|
|
|
|
|
|
Pending |
0 |
|
|
|
|
|
|
|
ALL |
29 |
$6,970,850 |
$273,000 |
$197,000 |
$240,374 |
$239,000 |
40/40 |
Listings included in this report are selling at an average of 99% of listing price.
South College Heights is a popular Neighborhood and it shows with the strength of it’s Real Estate Market! South College Heights had a pretty good year in 2013! The total Volume (dollar values) increased to $6,070,850 (up 30% from 4,897,000). The Average Price increased to $240,374 (up 3% from $233,190). The Median Price increased to $239,000 (up 5% from $227,500). The number of homes sold increased to 29 homes (up 28% from 21 sales). All of these upward moving trends when our For Sale Inventory (over 3 years from 2010) is down just over 48%!!
With our current lack of Inventory in South College Heights I expect the prices to continue to move upward.
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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