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Larimer County (Fort Collins and Loveland Colorado) home sales down but not out

I may sound like a broken record, however it is true. Homes are selling. The first-time homebuyers have gobbled up a lot of the under $200,000 homes. So much there has been a shortage and multiple offers have become the norm.

Re-sale homes for the Loveland/Berthoud market area is down 5.5 % over last year. The Fort Collins/Wellington market is down 9.4%.

Resale prices are, no surprise to anyone, down in most areas. The median price for Loveland/Berthoud is down 3.9% and Fort Collins/Wellington is down 3.5%, Here are the year to date totals.

Market Area

Homes Sold

Total $ Volume

High $

Low $

Median $

Average $

Loveland/Berthoud

1028

$239,475,418

$1,128,000

$21,100

$197,000

$232,953

Fort Collins

1773

$446,967,757

$1,450,000

$30,000

$221,000

$252,097

New construction continues to lag last year. Here are the year to date new construction numbers.

Market Area

Homes Sold

Total $ Volume

High $

Low $

Median $

Average $

Loveland/Berthoud

106

$39,853,878

$999,999

$169,000

$354,000

$375,980

Fort Collins

181

$67,077,692

$2,085,000

$50,000

$310,000

$370,595

Rob Proctor - Broker, At Home Realtors, Loveland CO http://www.At-Home-Realtors.com

Posted Monday Nov 16