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Loveland and Fort Collins Colorado housing market still below last year

Well with 11 months down and one month to go, the existing home market in Loveland and Fort Collins is still down over last year. For Loveland, the existing home market is only down 3.5% year over year. We can thank the first time home buyers pulling sales up. While Fort Collins saw a little more decline with existing homes sales down 6.4% over last year. Botom line it's still a buyers market here.

New construction in Loveland is still down (-40%) however Fort Colins new construction is easing slightly (-18%) over last year.

Here are the year to date (Jan to Dec) numbers.

Existing homes:

Market Area

Homes Sold

Total $ Volume

High $

Low $

Median $

Average $

Loveland/Berthoud

1115

$258,495,474

$1,128,000

$21,100

$195,000

$231,834

Fort Collins

1928

$483,245,097

$1,450,000

$30,000

$221,000

$250,646

New construction:

Market Area

Homes Sold

Total $ Volume

High $

Low $

Median $

Average $

Loveland/Berthoud

116

$43,810,598

$999,999

$169,000

$355,150

$377,678

Fort Collins

200

$72,794,509

$2,085,000

$50,000

$305,000

$363,973

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

Posted Tuesday Dec 22