Great NoCo Homes Market Update

Fort Collins, CO 80521

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Fort Collins, CO 80521

Wed Jun 07 2023
This week the median list price for Fort Collins, CO 80521 is $733,500 with the market action index hovering around 64. This is about the same as last month's market action index of 64. Inventory has increased to 22. 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 at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Fort Collins, CO 80521

Wed Jun 07 2023
This week the median list price for Fort Collins, CO 80521 is $733,500 with the market action index hovering around 64. This is about the same as last month's market action index of 64. Inventory has increased to 22. 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 at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Real-Time Market Profile

Never miss important changes in the Fort Collins market.
Median List Price $733,500
Median Price of New Listings $862,000
Per Square Foot $341
Average Days on Market 40
Median Days on Market 11
Price Decreased 36%
Price Increased 0%
Relisted 9%
Inventory 22
Median Rent
Market Action 64
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks 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
$1,695,000 3,902 8,000 - 10,000 sqft 6 4.5 6 2 1 7
$750,000 2,147 6,500 - 8,000 sqft 4 3 86 2 2 7
$669,500 2,146 6,500 - 8,000 sqft 3 2.3 43 1 2 31
$495,000 1,488 4,500 - 6,500 sqft 3 2 48 1 3 10