This is the November 2018 Real Estate Market Update for Affordable Homes for sale in Fort Collins CO
The real estate market for affordable homes in Fort Collins is a problematic one for buyers. There are a very limited number of these homes - those priced under $300K - and competition for them is heavy, with prices steadily rising. Successful buyers are those who watch the market closely for new opportunities and are ready to move quickly.
A sample of affordable homes currently for sale can be found at the bottom of this page, and clicking on the "View All Results" link just below that offers access to detailed listing information, always updated and current, for all of the affordable homes presently for sale.
There are only 33 homes priced under $300,000 for sale in Fort Collins at present, starting at a low of $125,000. This is far less than current buyer demand for these homes. There are another 19 affordable homes under contract and waiting to close.
Affordable home sales in Fort Collins have been limited in number in 2018. There have been 198 sales of affordable home so far, ranging in price from a low of $75,000 to a high of $300,000, with a median price of $265,000 and an average price of $240,796. Market performance was good - average days to get an offer for the homes that sold was 45 days, with an average days on the market of 78. The sale price/list price ratio for these 198 homes was 98.6%, indicating a seller's market.
The inventory of affordable homes is always changing, so if you want to keep watch for new listings as they become available, let us 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 looks like a good fit for your needs, please give us a call – we'd love to schedule a showing for you quickly and at your convenience.