2nd Quarter NAR Market Report for Northern Colorado

According to NAR, our area is NOT a buyers market, or a sellers market. Hmmmm. I think it is a buyers market, but that's just my opinion. 9 out of 10 local agents would agree. That said, our local job market in Larimer County, which includes Fort Collins and Loveland, has added over 3500 jobs which is ironically the exact number of homes on the market.

There were 1466 homes sold, 358 new homes built, with avg days to sale at 116. While the avg sale price dropped slightly from 282,300 to 282,100 it is becoming clear to buyers in bubble markets that the dollar goes much further here, and with over 300 days of sun a year, we are the place to relocate to.

Zip codes 80513, and 80549 experienced over 20% positive change in avg sale price while 80540 experienced the opposite, a negative change of over 24% since last quarter. Some of this is seasonal ebb and flow, over all our market is growing slowly and should pick up.