First-time home buyers, renters seeking the financial benefits of home ownership, and those on a limited budget will all want to check out the current inventory of Affordable Homes for sale in Fort Collins CO.

However, the affordable home market has become a difficult one for buyers - there is very limited inventory and a large number of active buyers. Success requires vigilance - homes come and go very quickly - and having in-place financing and the ability to make a quick decision when the right opportunity appears are critical to success.

The inventory of affordable homes remains at very low levels - there are only 35 Fort Collins homes currently on the market priced under $250,000, starting at a low of $69,900, and offering a limited but interesting range of styles, locations, sizes and condition. There are another 33 affordable homes under contract and waiting to close.

Please note that several months ago we raised the ceiling for our definition of affordable homes to $250,000, reflecting the changes in this market over the last 2 years.

Affordable homes are selling very well in Fort Collins so far this year, given the low inventory conditions - 52 homes under $250,000 have sold, priced from a low of $120,000, with a median price of $223,000, and an average price of $208,142. Market performance has been very good - average days to get an offer for the homes that sold was 42 days, with an average days on the market of 75. The sale price/list price ratio for these 538 homes was 94.0%.

With strong competition and constant change in the inventory of these affordable homes, if you would like to track the market for opportunities, we can help - we'll 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 you'll be able to react quickly when the right home comes along. When that happens, please give us a call – we'll schedule a showing for you quickly and at your convenience.