This is the April 2020 Real Estate Market Report for Fort Collins CO New Homes for Sale
As prices rise and inventory remains scarce in the single family resale market, buyers have turned to new homes for an alternate solution to their needs. A sample of available new homes appears in the showcase at the bottom of this page, and clicking the "View All Results" link below that will access detailed listing information, always updated and current, for the complete MLS inventory* of these homes.
There are 123 new homes for sale in Fort Collins CO, priced from a low of $331,450 to a high of $1,649,500. of these 123 new homes, 37 are complete and ready for occupancy, 67 are under construction, and 19 have yet to begin construction. Those homes that aren't yet complete provide the best chance to choose finishes and features, and perhaps even some minor design modifications. There are another 102 new homes are under contract and waiting to close.
Sales of new homes have been good in Fort Collins CO so far this year. There have been 97 sales, ranging in price from a low of $313,900 to a high of $1,429,000, with a median price of $442,410 and an average price of $506,770. Average days to get an offer for the homes that sold was 97 days, with an average days on the market of 160. The sale price/list price ratio for these 97 new homes was 100.7%, a sign of a strong seller's market and high buyer demand.
The inventory of new homes is always in a state of flux, so if you want to keep watch for new listings, 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 new listings are posted. And when you find a new home that appeals to you, please give us a call - we’d be delighted to schedule a showing for you at your convenience.
*Note: In regards to new construction, the actual inventory of these homes is understated in the Multiple Listing Service(MLS), since builders do not usually list their entire inventory there. Also, price and performance data tend to be skewed somewhat by the addition of options and upgrades, as well as construction time.