Great NoCo Homes Market Update

Fort Collins, CO 80524

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com


Fort Collins, CO 80524

Wed Jun 07 2023
This week the median list price for Fort Collins, CO 80524 is $805,000 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has increased to 58. 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

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 80524

Wed Jun 07 2023
This week the median list price for Fort Collins, CO 80524 is $805,000 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has increased to 58. 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

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 $805,000
Median Price of New Listings $680,000
Per Square Foot $275
Average Days on Market 87
Median Days on Market 35
Price Decreased 36%
Price Increased 9%
Relisted 12%
Inventory 58
Median Rent
Market Action 43
Slight Seller's Advantage

While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$1,575,000 4,453 1 - 2.5 acres 5 3 33 2 0 45
$925,000 3,138 0.25 - 0.5 acre 3 3 15 1 0 38
$680,000 3,052 8,000 - 10,000 sqft 3 2.5 39 4 2 28
$525,000 1,892 4,500 - 6,500 sqft 3 2 21 2 2 28