Great NoCo Homes Market Update

Fort Collins, CO 80524

Single-Family Homes

Doug Lindstrom | www.GreatNoCoHomes.com



Fort Collins, CO 80524

Sat Nov 27 2021
This week the median list price for Fort Collins, CO 80524 is $643,217 with the market action index hovering around 52. This is less than last month's market action index of 53. Inventory has decreased to 46. 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 over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 80524

Sat Nov 27 2021
This week the median list price for Fort Collins, CO 80524 is $643,217 with the market action index hovering around 52. This is less than last month's market action index of 53. Inventory has decreased to 46. 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 over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $643,217
Median Price of New Listings $615,222
Per Square Foot $236
Average Days on Market 63
Median Days on Market 63
Price Decreased 33%
Price Increased 17%
Relisted 22%
Inventory 46
Median Rent $1,750
Market Action 52
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$1,150,000 4,178 2.5 - 5 acres 4 3.5 17 0 2 105
$789,000 2,510 0 - 4,500 sqft 3 3 0 4 3 70
$586,300 3,043 4,500 - 6,500 sqft 3 2.5 0 1 2 59
$332,500 1,616 6,500 - 8,000 sqft 2 2 17 3 3 10