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Market Report For South College Heights Year End 2013 Fort Collins CO

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

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Withdrawn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.

Posted by

Mike Sibbald

970-231-8609

mike@mikesibbald.com

http://www.mikesibbald.com

Show All Comments Sort:
Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Mike, always enjoy viewing information on other communities.  Thanks for sharing with us.

Jan 13, 2014 02:36 AM
Mike Sibbald
Elevations Real Estate, LLC - Fort Collins, CO
Broker/Owner Elevations Real Estate, LLC

Good afternoon Ronald.  Thank you for the comment, I appreciate it.  I hope your Region is strong in 2014!  Mike.

Jan 13, 2014 07:15 AM