The first Quarter of 2014 home sales results are in and this has already proven to be an exciting time in real estate here in Northern Colorado.
Low inventory is starting to have some effect in Loveland and Ft Collins markets. In Loveland-Berthoud, existing home volumes are down 7% over the same period as last year. Fort Collins–Wellington volume are down 14%. On the other hand, Greeley-Evans volumes are showing a upswing of 5%, and Windsor saw a upward push of 27%.
With the inventory condition being low in a couple of the market areas, prices are starting to increase. Loveland-Berthoud median and average prices are up 7.0% and 10% respectively. Fort Collins-Wellington prices are up 4.0% and 4.0%. Greeley-Evans is seeing a boom with prices increasing by 14%. Windsor prices are rising as well at 15% and 11%. We are definitely in a Seller’s market.
Rob Proctor - Broker/Owner
At Home Real Estate Company www.AtHomeRealEstateCo.com
Loveland Colorado
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