1723 Sunset Circle, Milliken is great home in Settlers Village. Very close to parks and KQA Charter School. This 3 bed 2 bath home has much to offer with endless potential! In need of some minor TLC and is priced accordingly. Don’t miss it! Contact Brooke Kern at (970)980-8349 to schedule your private tour or click the link below for more information.
Ashcroft Heights Home
3308 Santa Fe Avenue, Evans is a wonderful 4 bed/ 3 bath home in Ashcroft Heights. The large master bedroom has a walk-in closet and full master bathroom. 2 more bedrooms upstairs with a full bathroom. The main level is open for entertaining and a large kitchen. The basement is almost finished with a bedroom, a large second living area and rough-in for another bathroom. Central A/C, 2 Car Attached garage, front faces west and a large backyard with mature trees. No Metro Tax and a minimal HOA. Come take a look. It will not last long. Showings start Friday 6/25. Contact Suzanne Ekeler at (970) 590-4841 to schedule your private showing or click the link below for more details.
Charming Fort Collins Home
948 Butte Pass Drive is a charming Ft Collins home with a Main Floor Master, Vaulted Ceilings and Spacious Kitchen that opens to the living room with handcrafted Floor-Ceiling Stone Fireplace. 3bed/bath +Finished Basement offers bonus bedroom and entertainment space. Backyard boasts Mature Professional Landscaping, Custom Stone Patio, ORGANIC Vegetable/ Herb Garden, and opens to privately owned field. Enjoy crisp Colorado evenings around the Custom Stone Firepit. Great location! Near schools, parks, trails and mountain adventures! Contact Elizabeth Dolton at (970)396-7233 to schedule your private tour or click the link below for more details.
River West Jewel
Welcome home! 637 Trappers Place, Windsor is located in the coveted River West subdivision, this spacious home truly doesn’t disappoint. With 4 bedrooms, 5 baths, a study, and a large bonus room, you’ll have plenty of room to spread out. Soak in the CO evenings from your spacious back yard featuring gorgeous, mature vegetation. The best part? This home backs to open space! The basement has its own sink, microwave, refrigerator, and can be accessed through the garage/mudroom without entering the main floor of the home. It’s the perfect opportunity for a roommate, or to provide your guests some extra privacy. The tall ceilings and large windows allow natural light to flow throughout, and the easy access to the back deck through the kitchen is perfect for grilling and entertaining. A new roof/exterior paint were completed in 2014, a new water heater installed in 2016, and a new furnace in 2019. Carpet was cleaned on 6/15. Opportunities to live in this subdivision don’t come around very often, see it while you can! Contact Kelsey Vandemark at (970) 573-2620 to schedule a private tour or click the link below for more details.
Local Nuances
“All markets are local” is a commonly used phrase in real estate.
This adage is proving to be true as we notice slight changes recently in the market.
Bottom line, the market, in some locations, is not behaving exactly like it did even 30 days ago. Properties that perhaps would have received 10 or more offers last month, are now receiving only one.
It is as important as ever to examine not only the general market area, but also hyper-local markets in order to understand the nuances that exist in specific locations.
A common activity we perform with our clients is to research the months of supply in their own neighborhood. We will frequently find that this stat varies considerably from the market as a whole.
To illustrate how ‘all markets are local,’ take a look at the days of inventory statistic for the following markets:
Larimer County = 18 days
Fort Collins = 15 days
80521 Zip Code = 24 days
80525 Zip Code = 9 days
While data on the overall market clarifies overall trends, it is the hyper-local research that is incredibly valuable when pricing property.
Greeley Charmer
Welcome home to this quiet neighborhood located just south of the UNC Campus in Greeley. 2512 13th Avenue is a ranch style home with 4 bedrooms, 2 bathrooms, finished basement, 1 car garage, large fenced in back yard with shed and nice deck. Roof and gutters just over a year old with class 4 shingles and furnace around 2 years old. The home can make a great owner occupy or rental. Showings start Thursday 6/17. Contact Suzanne Ekeler at (970) 590-4841 to schedule your private showing or click the link below for more details.
Sunflower Community Gem
856 Sunchase Dr, Fort Collins is a wonderful home in the gated Sunflower active adult community on a premium lot backing to green space. This 2 bed/2 bath home has been remodeled with a newer kitchen, quartz counters and an induction cooktop and stove. Enjoy the beautiful large, pet friendly, fenced-in yard. This gated community has a clubhouse, hot tub, pickleball courts, putting green & more. Enjoy the active lifestyle with weekly community activities! Play cards, game night, dance lessons, art classes and an exercise room. RV parking may be available, subject to availability. Contact Aaron Pearson at (970) 646-3035 for your private showing or click the link below for more details.
High Average
If you watch the weekly statistics that we produce and post on social media, a number that might be jumping off the screen at you is the average price.
Specifically, it is the percentage increase in average price versus last year that is striking.
We are commonly asked ‘how could average prices increase 20% to 30% in one year?’
It is important to note prices haven’t appreciated up to 30%, it’s only the average price that has increased by that amount.
A key reason why average prices have increased by such a significant amount is that there are many more luxury properties selling this year versus last year.
Sales of properties priced over $1,000,000 have seen a substantial increase compared to 2020.
Look at these numbers which show the year over year increase in closed transactions for real estate priced over $1 million:
- Larimer County = 159%
- Weld County = 247%
- Metro Denver = 137%
So, transactions of luxury properties have much more than doubled compared to 2020 which is pulling up the average sales price in a significant way.