Yes, homes are selling if they are in the right location, priced at market value, and are in great condition. I have personally had listings that had all three, go under contract in 40 to 50 days this year.
Re-sale homes for the Loveland/Berthoud market areas are only down 3 % over last year. The Fort Collins/Wellington market is down 12% an improvement of 1% from last month. Greeley/Evans is up 6%, clearly on a rebound from last year. This is quite a comeback for Greeley. Finally Windsor is seeing a correction from being up the past years is down 17% over last year.
Northern Colorado new construction is still sluggish at 25 to 50 % down over last year. Fort Collins is the strongest market area and Greeley is the weakest.
|
Single Family Homes (Resale market) January through November 2008
|
||||||
|
Market Area |
Homes Sold |
Total $ Volume |
High $ |
Low $ |
Median $ |
Average $ |
|
Loveland/Berthoud |
1088 |
$273,104,633 |
$3,000,000 |
$26,500 |
$204,900 |
$251,015 |
|
Fort Collins |
1957 |
$516,184,050 |
$2,000,000 |
$28,000 |
$229,000 |
$263,763 |
|
Greeley/Evans |
1219 |
$182,132,349 |
$875,000 |
$16,800 |
$136,000 |
$149,411 |
|
Windsor |
230 |
$66,258,244 |
$975,000 |
$75,000 |
$238,000 |
$288,079 |
|
Single Family Homes (New Construction) January through November 2008
|
||||||
|
Market Area |
Homes Sold |
Total $ Volume |
High $ |
Low $ |
Median $ |
Average $ |
|
Loveland/Berthoud |
185 |
$70,647,442 |
$1,257,679 |
$179,420 |
$364,000 |
$381,878 |
|
Fort Collins |
231 |
$87,776,181 |
$2,019,417 |
$158,000 |
$267,000 |
$379,983 |
|
Greeley/Evans |
69 |
$17,660,528 |
$599,900 |
$130,778 |
$211,000 |
$255,950 |
|
Windsor |
102 |
$45,810,379 |
$1,257,679 |
$175,000 |
$423,500 |
$449,121 |
Rob Proctor - Broker, At Home Realtors 231 W 4th St Loveland CO
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