Great NoCo Homes Market Update

Fort Collins, CO 80521

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Fort Collins, CO 80521

Sat Feb 04 2023
This week the median list price for Fort Collins, CO 80521 is $745,000 with the market action index hovering around 58. This is less than last month's market action index of 67. Inventory has increased to 16. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Fort Collins, CO 80521

Sat Feb 04 2023
This week the median list price for Fort Collins, CO 80521 is $745,000 with the market action index hovering around 58. This is less than last month's market action index of 67. Inventory has increased to 16. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Fort Collins market.
Median List Price $745,000
Median Price of New Listings $519,000
Per Square Foot $395
Average Days on Market 48
Median Days on Market 18
Price Decreased 38%
Price Increased 0%
Relisted 13%
Inventory 16
Median Rent
Market Action 58
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$1,812,500 3,148 6,500 - 8,000 sqft 4 3.3 50 0 0 59
$847,450 2,771 6,500 - 8,000 sqft 4 3 61 0 0 24
$556,250 1,722 6,500 - 8,000 sqft 3 2 62 3 1 0
$492,500 1,268 6,500 - 8,000 sqft 2 1.3 71 2 0 7