Greeley

Sign Surprise

Given how active our market is today and has been over the last few years, many people assume that virtually every home with a “For Sale” sign in the front yard is already under contract.

They are surprised to learn that, in most cases, the “For Sale” sign does indeed represent a home that is actively for sale.

For example, today in Fort Collins there are 655 single-family homes on the market. 290 of these are under contract and will be closing soon. 365 of these are still active. So, 56% of the signs in Fort Collins are in front of homes that are still available.

Here are the specific numbers for each of our Northern Colorado markets:
• Fort Collins = 56%
• Loveland = 57%
• Windsor = 58%
• Greeley = 41%

Posted on July 12, 2019 at 7:39 pm
Windermere Windsor | Category: Blog, Fun Facts | Tagged active, blog, closing, For Sale signs, Fort Collins, Friday Fun Facts, Greeley, homes, Loveland, market, nothern colorado, sale, Single family homes, under contract, Windermere Real Estate, Windsor

Over List

A statistic we keep our eye on is the percentage of homes which sell for at least list price.

In a robust, healthy, market with lower inventory, we will frequently see homes selling for their asking price or even higher.

Here are the number of sales that occur for list price or higher in each of our major markets:

• Fort Collins = 60%
• Loveland = 60%
• Greeley = 71%
• Windsor = 56%

There are a couple of things we notice about these numbers. First, well over half of all sales are for at least list price. This means that a buyer needs to be prepared to make a full price offer (or higher) in most cases. This also means that if a seller is priced right and marketed effectively, they should achieve their asking price.

We also notice that these percentages are lower than one year ago. In 2018 these numbers were 5% to 10% higher in each market. This is good news for buyers of course because the bidding wars are not as intense as last year.

Posted on June 28, 2019 at 3:45 pm
Windermere Windsor | Category: Blog, Fun Facts | Tagged 2018, 2019, blog, Buyer needs, Fort Collins, Fun Facts, Greeley, Inventory, List Price, Loveland, market, percentages, Sales, Statistic, Windermere Real Estate, Windsor

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Posted on June 24, 2019 at 7:45 pm
Windermere Windsor | Category: Greeley Real Estate, Virtual Tour | Tagged 4 bathroom, 4 bedroom, Backyard, covered front porch, deck, Greeley, mountain views, New Flooring, New paint, Open Floor Plan, rec room, spacious kitchen, storage area, Vaulted Ceilings, views, West Greeley, wet bar