Great NoCo Homes Market Update

Fort Collins, CO

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Fort Collins, CO

Sat Nov 27 2021
This week the median list price for Fort Collins, CO is $659,000 with the market action index hovering around 69. This is less than last month's market action index of 72. Inventory has decreased to 113. 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.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since 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

Sat Nov 27 2021
This week the median list price for Fort Collins, CO is $659,000 with the market action index hovering around 69. This is less than last month's market action index of 72. Inventory has decreased to 113. 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.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since 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 $659,000
Median Price of New Listings $544,200
Per Square Foot $241
Average Days on Market 59
Median Days on Market 35
Price Decreased 31%
Price Increased 17%
Relisted 15%
Inventory 113
Median Rent $2,150
Market Action 69
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,262,500 4,323 1 - 2.5 acres 4 3.5 23 2 4 59
$750,000 3,595 6,500 - 8,000 sqft 3 2.5 4 4 3 77
$617,495 3,029 4,500 - 6,500 sqft 3 2.5 1 2 6 28
$465,000 1,681 4,500 - 6,500 sqft 3 2 20 9 15 7