Great NoCo Homes Market Update

Fort Collins, CO 80526

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com


Fort Collins, CO 80526

Tue Jun 06 2023
This week the median list price for Fort Collins, CO 80526 is $604,500 with the market action index hovering around 77. This is less than last month's market action index of 83. Inventory has increased to 26. 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 been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Fort Collins, CO 80526

Tue Jun 06 2023
This week the median list price for Fort Collins, CO 80526 is $604,500 with the market action index hovering around 77. This is less than last month's market action index of 83. Inventory has increased to 26. 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 been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Fort Collins market.
Median List Price $604,500
Median Price of New Listings $545,000
Per Square Foot $282
Average Days on Market 18
Median Days on Market 7
Price Decreased 23%
Price Increased 0%
Relisted 0%
Inventory 26
Median Rent
Market Action 77
Strong Seller's Market

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$949,950 3,223 0.25 - 0.5 acre 4 3.5 28 0 0 28
$680,000 2,243 8,000 - 10,000 sqft 4 2.8 35 1 2 7
$575,000 2,026 8,000 - 10,000 sqft 3 2.5 33 4 1 0
$500,000 1,630 6,500 - 8,000 sqft 3 2 43 4 1 0