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October 2015 - New Homes for Sale in Fort Collins CO

By
Real Estate Broker/Owner with New Paradigm Partners LLC EB #1326335

This is the October 2015 Real Estate Market Report for
New Homes for Sale in Fort Collins CO

 

Homebuyers who prefer a brand new home - incorporating the latest in modern design and energy efficiency, with the opportunity to select their finishes, features and appliances that match their tastes - will be very pleased with the substantial current inventory of New Homes for Sale in Fort Collins CO.

 

New Homes for Sale in Fort Collins CO October 2015

 

There is a lot of new home building going on in the Fort Collins real estate market at the present time, so inventory is plentiful - there are 189 new homes on the market, priced from a low of $276,800 to a high of $1,295,000, providing a good range f choice in location, size, style, features and price. Of those 189 homes, 51 are finished and ready for occupancy, 115 are under construction, and 23 are yet to be built. The last two categories provide the best opportunity to choose finishes and features, and perhaps some minor design modifications.

Note: the inventory above is somewhat understated, since builders usually do not list their entire inventory in the Multiple Listing Service (MLS).

 

New homes have been selling strongly so far this year – 301 new homes have sold, priced from a low of $179,000 to a high of $2,475,000, with a median price of $367,742 and an average price of $409,976. Average days to get an offer for the homes that sold has been 75 days, with an average days on the market of 143 - somewhat longer than for resale homes because of construction time. These 301 new homes sold for an average of 100.6% of list price - please note that in new home sales, the sale price will often be above list price because of added upgrades and extras.

 

The inventory of new homes fluctuates constantly, so if you would like to keep watch on this market segment, we can help - let us set up an on-going search especially for you, with your own customized web site - you'll be notified as soon as new listings are posted.

 

And when a home comes up that interests you, please give us a call - we’d be happy to schedule a showing for you at your convenience.

Posted by
Mary & Dick

Mary & Dick Greenberg
New Paradigm Partners LLC
2601 S. Lemay Ave. #41
Fort Collins, CO 80525
970-689-4663
www.maryanddick.com

 

Data Source: IRES MLS

Comments(7)

Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Dick -- it's nice to see 51 new homes available for immediate occupancy.   It's never been lived in and ready to move in.   Sounds like some nice opportunities to enjoy before year end.   

Oct 17, 2015 12:23 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Dick,

What a great array of new homes.  So many love a home that has not been lived in and they can personalize it in their own style.  Wishing you a great weekend.  A

Oct 17, 2015 12:30 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Dick - in your market I am sure those house will have binders and contracts very qucikly.

Oct 17, 2015 12:35 AM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Dick Greenberg  Great report on new homes in Fort Collins in Co showing you are the Area expert

Oct 17, 2015 12:48 AM
Mark Don McInnes, Sandpoint-Idaho
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

Good report as always Dick.  Drastic # change from the 200 to 299 catagory and moving up.  Then I was surprised all of those were actually between 276 and 299.  Very close comps for those I am guessing.  Also nice to point out the higher than list price due to model changes.  Helps buyers understand.  Enjoy the weekend.  Mark

Oct 17, 2015 01:04 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Dick well done Fort Collins Colorado market report. Glad to hear that the new construction is doing well.

Oct 17, 2015 04:15 AM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Very nice report Dick Greenberg . I saw in TV you have some nice weather. Here we are in the freezer. 

Oct 18, 2015 12:13 AM