This is the January 2019 Real Estate Market Report for Affordable Homes for sale in Fort Collins CO
The affordable home real estate market in Fort Collins was difficult for buyers in 2018. The inventory of affordable homes - those priced under $300K - remains far short of meeting strong buyer demand, so competition among buyers is heavy, driving prices upward. Successful buyers must be attentive to new opportunities and be ready and willing to act quickly.
There are only 17 homes priced under $300,000 currently on the market in Fort Collins, starting at a low of $110,000. There are an additional 15 affordable homes under contract and waiting to close. A selection of available affordable homes is displayed in the showcase at the bottom of this page, and clicking on the "View All Results" link just below that will access detailed listing information, always updated and current, for the complete current inventory of Fort Collins affordable homes.
Sales of affordable homes in Fort Collins were impacted heavily by inventory conditions during 2018. There were 148 sales of affordable homes, priced from a low of $100,850 to a high of $300,000, with a median price of $277,500 and an average price of $258,871. Market performance was very good - average days to get an offer for the homes that sold was 32 days, with an average days on the market of 60. The sale price/list price ratio for these 148 homes was 98.8%, well within seller's market range.
There is constant change in the availability of affordable homes, so if you would like to track the market closely, 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 be a good match, please give us a call – we'd be happy to schedule a showing for you quickly and at your convenience.