This is the April 2020 Real Estate Market Report for Fort Collins CO Affordable Homes for sale
The Fort Collins real estate market is a difficult one for affordable home buyers. The availability of affordable homes - those priced under $300K - continues to be insufficient to meet demand. As prices rise and competition remains strong, success generally falls to those who who follow the market closely and are prepared to act when the right opportunity arises.
There are only 9 homes priced under $300,000 currently for sale in Fort Collins, starting at a low of $80,000. 4 of these are in an age-restricted 55+ community and are manufactured homes on long-term lot leases. There are another 12 affordable homes under contract and waiting to close.
A sample of available affordable homes in Fort Collins appears in the showcase at the bottom of this page, and the "View All Results" link below that provides detailed listing information, always updated and current, for the complete inventory of these homes.
Limited by scant available inventory, affordable home sales in Fort Collins are off to a slow start so far this year. There have been only 22 sales, ranging in price from a low of $97,000 to a high of $297,500, with a median price of $252,500 and an average price of $233,643. Market performance has been fair - average days to get an offer for the homes that sold was 77 days, with an average days on the market of 108. The sale price/list price ratio for these 22 homes was 97.5%.
There is constant variation in the availability of affordable homes, so if you would like to be notified when new listings come on the market, we can help - we'll set up an on-going search especially for you, with your own customized web site - you'll be notified as soon as a new listing is posted, and you'll be able to react quickly. When you find a home that might meet your needs, please give us a call – we'd love to schedule a showing for you quickly and at your convenience.