Is Fort Collins, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Collins is a seller's market

Buyer's
Market

Difference Since January 2023

Since last year, Fort Collins has remained a Seller's Market.

Key Takeaway

Fort Collins is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fort Collins, CO

How much do homes in Fort Collins, CO cost?

Median Sold Price

$555,620

$294/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

+$5,008(+0.9%)

Key Takeaway

Homes in Fort Collins have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Fort Collins was $555,620 in January 2024, up 0.9% from last year, and the median price per square foot was $294.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $289.5K$245K
-15.4%
2 $395.5K$380.9K
-3.7%
3 $530K$523.2K
-1.3%
4 $621.4K$638.9K
+2.8%
5+ $800K$799.9K
0%

Summary: Fort Collins housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.4%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Fort Collins
+0.9%
Timnath
-1.6%
Timnath-Wellington
-2.1%

Housing Supply in Fort Collins, CO

How many homes are available in Fort Collins, CO?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
520531+2.1%

Summary: The Fort Collins real estate market had 531 homes for sale in January 2024, a 2.1% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 1311
-15.4%
2 97100
+3.1%
3 162159
-1.9%
4 156166
+6.4%
5+ 9295
+3.3%

Summary: The Fort Collins housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 15.4%, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 3.3%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
143102-28.7%

Asking Price vs. Sold Price

54 Homes Were Sold
Under Asking

34 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fort Collins, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.

Summary: A total of 102 homes were sold or pending in Fort Collins in January 2024, down by 28.7% month-over-month. Of the 102 sold homes, 53% were sold under asking, 33% were sold at asking, and 14% were sold over asking.

Days on Market for Fort Collins, CO

How long does it take to sell a home in Fort Collins, CO?

Average Sale Time

Jan 2023Jan 2024CHANGE
60 Days70 Days+16.9%

Summary: Homes in Fort Collins had an average of 70 days on market in Jan 2024, up by 16.9% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

48 Homes Were Sold
In 30 - 90 Days

34 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Fort Collins has remained consistent over time.

Summary: During January 2024, 102 homes were sold in Fort Collins; 20% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

Newest Listings in Fort Collins, CO

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