This is the April 2025 Real Estate Market Update for Fort Collins CO
Sales:
Home sales were up in Fort Collins CO in March 2025, the usual time for the start of the busier spring season. There were 164 homes sold, an increase of 17.1% from the 140 sales in February 2025, and an increase of 3.1% from the 159 homes sold in March 2024. Year-to-date sales of 417 homes were up 9.7% over last year’s 380 sales for the same period.
Prices:
Home prices rose in March 2025. The median price of homes sold during the month was $608K, up 3.9% from $585K in February 2025, while the average price was up 4.9% to $719K from $685K 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:
As is typical for the season, the inventory of homes for sale in Fort Collins CO rose in March 2025 - there were 416 homes on the market at the end of the month, up 9.5% from 380 homes for sale at the end of February 2025. The Month’s Supply of Inventory (MSI) fell to 2.5 months from 2.7 months in February 2025.
Sales Price vs. List Price:
In March 2025, homes in Fort Collins CO sold for 99.4% of asking price, up from 98.6 in February 2025.
Summary:
The March housing statistics are representative of a more-or-less typical start for the spring season, with sales and inventories rising. However, with the exception of the inventory statistic, these results are for real estate closings that were mostly based on contracts made in January and the first part of February, 2025. Consequently, it is unlikely that what would normally be a good start to a new year can give us much insight into what is likely to happen in coming months.
There is simply too much uncertainty – too many “what ifs” and “what abouts” the short-, mid-, and long-term impacts of the present direction of the economy - for us to make reasonably confident predictions about where we’re headed.
In the meantime, we’re like that kid in the old joke who’s hoping that there’s a pony in there somewhere. Stay tuned and we’ll do our best to keep you informed – and please give us a call if you have questions or just want to chat about real estate.