Northern Colorado Real Estate November 29, 2021

New Listings Week of November 21st

201 Ranch Acres Drive, Loveland, CO 80538

Listing Agent: Kailee Harvey

MLS 955406

Hobby farm in town! 1.51 acres with room for your goats, chickens, horses or other animals; complete with tons of perennials & mature landscaping, large backyard, paver patio, & several sheds/outbuildings for animals & no HOA. Home has been recently updated & features 6 bedrooms, 3 bathrooms, a sunroom, 2-car attached garage & 1.5 car detached garage/shop. Your own slice of country but minutes to shopping and amenities. Homes don’t sell in this neighborhood often! New AC, newer appliances & hardwood floors throughout the main level, new carpet in the basement, and a brand-new wet bar/partial kitchen in the basement. Tharp custom cabinets in the kitchen with new granite countertops. This would be an ideal space for multi-generational living or for extra income, as the basement features 3 bedrooms, a full bathroom, a partial kitchen, living room and separate entrance from the garage or back patio. Call (970) 331-2868 to schedule your private tour or click here for more information. 

 

1725 Springmeadows Court Unit B, Fort Collins, CO 80525

Listing Agent: Kyle Craft

MLS 955616

This lovely 2 bed/2 bath townhome style condo is located within the Springmeadows community and is what Fort Collins is all about! The location is ideal for anyone wanting to be close to trails, shops, breweries, restaurants, campus, and Old Town! Enjoy a low-maintenance exterior while still being able to make it your own with the covered patio in the back or with the garden beds in the front. With a few minor cosmetic improvements, this home will be perfect for nearly anyone wanting an affordable living situation in Fort Collins. Call (719) 244-7613 to schedule your private tour or click here for more information. 

Fun FactsWindermere Real Estate December 20, 2019

The 12 Facts of Real Estate

While your true love may be getting you a partridge in a pear tree in the near future, we decided to give you the 12 facts of Colorado real estate:

  • 1 is the ranking Colorado owns for long-term home price appreciation versus all other states
  • 2.6% unemployment rate in Colorado right now
  • 3.73% mortgage rate for a 30-year mortgage which is about half of the long term average
  • 4.7% apartment vacancy rate in Metro Denver, the lowest since 2015
  • 5.5% is the long-term average for yearly home price appreciation along the Front Range
  • 6,000,000 live in Colorado
  • 7,000 residential properties are for sale in Metro Denver right now and the average for this time of year is 14,700
  • 80,000 is the number of people that is added to our state’s population each year
  • 9 homes are for sale in Larimer and Weld County priced over $2,500,000
  • -10% is the decrease in new home construction in Larimer County compared to last year while Weld County grew by 17%
  • 11 times in the last 40 years home prices have gone up at least 8% along the Front Range
  • $1,202,488 is the average price for a single-family home in the City of Boulder

It’s time to register for our annual Market Forecast event.  We will be live at 5:30 on January 16th at the Marriott in Fort Collins.  Back by popular demand is our Chief Economist Matthew Gardner.  Save your seat HERE.

BlogFun Facts August 16, 2019

How Much?

So how much real estate is sold in Northern Colorado?

As it turns out, a lot!

Last month alone there were 1,099 single family homes that sold in Larimer and Weld Counties

The average price was $429,144 which means the total sales volume for one month was $471,629,129 (almost a half a billion)!

Over the last 12 months, just over $4.5 billion worth of single-family homes have sold.

That’s a lot of real estate!

For BuyersFun FactsMarket News February 15, 2019

The Whole Story

Metro Denver has 2.1 months of inventory on the market. This means that, at the current pace of sales, it would take just over 2 months to sell every single-family home currently listed for sale.

But that’s not the whole story because inventory levels vary drastically depending upon the price of the home.

When we take a closer look at months of inventory broken down by price range this is what we see:

• Under $400,000 = 0.9 months
• $400,000 to $500,000 = 1.8 months
• $500,000 to $750,000 = 3.1 months
• $750,000 to $1,000,000 = 4.2 months
• Over $1,000,000 = 7.7 months

These numbers represent great news for move-up buyers because they can sell in a strong market and potentially move up to a market that is market that is not as strong.

 

              Below is a short video with a recap of our annual Market Forecast presentation!