Is Fort Collins, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Fort Collins has remained a Seller's Market.
Housing Prices in Fort Collins, CO
How much do homes in Fort Collins, CO cost?
Median Sold Price
$555,507
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Fort Collins was $555,507 in February 2024, up 0.7% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $298K | $245K | -17.8% |
2 Bedrooms | $394.6K | $379.4K | -3.8% |
3 Bedrooms | $530K | $524.3K | -1.1% |
4 Bedrooms | $622K | $633.3K | +1.8% |
5+ Bedrooms | $800K | $790K | -1.3% |
Summary: Fort Collins housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.8%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 1.3%.
Median Sold Price Compared To Nearby Cities
Fort Collins | $551.7K | $555.5K | +0.7% |
Timnath-Wellington | $579.6K | $574.3K | -0.9% |
Timnath | $715K | $699.2K | -2.2% |
Housing Supply in Fort Collins, CO
How many homes are available in Fort Collins, CO?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
499 | 587 | +17.6% |
Summary: The Fort Collins real estate market had 587 homes for sale in February 2024, a 17.6% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 9 | -25.0% |
2 Bedrooms | 94 | 118 | +25.5% |
3 Bedrooms | 156 | 195 | +25.0% |
4 Bedrooms | 149 | 173 | +16.1% |
5+ Bedrooms | 88 | 92 | +4.5% |
Summary: The Fort Collins housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 25.5%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 4.5%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
109 | 119 | +9.2% |
Asking Price vs. Sold Price
60 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Summary: A total of 119 homes were sold or pending in Fort Collins in February 2024, up by 9.2% month-over-month. Of the 119 sold homes, 50% were sold under asking, 24% were sold at asking, and 25% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
64 Days | 71 Days | +10.8% |
Summary: Homes in Fort Collins had an average of 71 days on market in Feb 2024, up by 10.8% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
46 Homes Were Sold
In 30 - 90 Days
39 Homes Were Sold
Over 90 Days
Summary: During February 2024, 119 homes were sold in Fort Collins; 29% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.