Great NoCo Homes Market Update

Fort Collins, CO 80528

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com


Fort Collins, CO 80528

Thu Sep 21 2023
This week the median list price for Fort Collins, CO 80528 is $629,990 with the market action index hovering around 33. This is less than last month's market action index of 38. Inventory has increased to 57. Click here to stay informed with the Fort Collins market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Fort Collins, CO 80528

Thu Sep 21 2023
This week the median list price for Fort Collins, CO 80528 is $629,990 with the market action index hovering around 33. This is less than last month's market action index of 38. Inventory has increased to 57. Click here to stay informed with the Fort Collins market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Fort Collins market.
Median List Price $629,990
Median Price of New Listings $1,050,000
Per Square Foot $239
Average Days on Market 116
Median Days on Market 77
Price Decreased 65%
Price Increased 11%
Relisted 28%
Inventory 57
Median Rent
Market Action 33
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,450,000 5,159 0.5 - 1 acre 4 4.5 19 2 0 70
$777,400 3,697 8,000 - 10,000 sqft 4 3.5 20 0 0 42
$599,990 2,518 0 - 4,500 sqft 3 2.5 0 1 1 119
$539,900 1,875 0 - 4,500 sqft 3 2 0 0 0 77