Sales:

Fort Collins CO home sales declined again in August 2025. There were 203 homes sold, down 5.6% from the 215 sold in July 2025, but up 18.0% from the 172 homes sold in August 2024. Year-to-date sales of 1553 homes were up 14.6% over last year’s 1355 sales for the same period.

Prices:

Home prices rose in August 2025. The median price of homes sold during the month was $650K, up 8.3% from $600K in July 2025, while the average price of $730K was up 7.0% from $682K for the same period. Please keep in mind that these results reflect only those specific homes sold during the month and are therefore most likely random variations, while the overall price trends give a better idea of what is happening.

Inventory:

The inventory of homes for sale in Fort Collins CO was essentially static in July 2025 - there were 659 homes for sale at the end of the month, compared to 660 homes for sale at the end of July 2025. The Month’s Supply of Inventory (MSI) rose to 3.2 months from July’s 3.1 months.

Sales Price vs. List Price:

In August 2025, homes in Fort Collins CO sold for 98.3% of asking price, down from 98.6% in July 2025.

Summary:

There has been little change overall in the northern Colorado real estate market since last month’s report, and in general, the changes we’re seeing in the numbers are consistent with the usual seasonal trends – August is usually one of the slower months for real estate activity as people are more focused on end-of-season vacations and getting ready for the fall school semester.

However, as Realtors with daily exposure to market activity, we also experience a more subjective “feel” for how the market is doing, based on our lengthy familiarity with the market’s response to various events as well as our dependence on it for our livelihood. We’re usually hesitant, however, to give much space in these reports to that “feel”, as it’s subjective and less “scientific” than just reporting on the numbers.

But these are “interesting times”, and while the market looks reasonably healthy, it “feels” less robust than the numbers suggest. Both buyers and sellers, particularly in the low-to-mid price ranges, are impacted by uncertainty about the economy, the direction of prices and interest rates, and the stability of the job market. And that uncertainty impacts our ability to provide reliable projections for the Northern Colorado housing market.

However, as always, we’ll be closely watching the market and keeping you informed about what we’re seeing. And in the meantime, if you have any questions or just want to chat, don’t hesitate to give us a call - we’re always available to talk with you.