Fort Collins Property Sale Prices – Median and Average

Median vs. Average Price

Have you ever heard a statistician argue which is better, median or average, for reliability or analysis?

It’s incredible the passion this debate can stir amongst those seeking truth in trends through numbers.

See how Median is calculated – Mathisfun.com

See how Average is calculated – Mathisfun.com

Me? I use both.

Recent reports have shown that, whichever is used, in Fort Collins real estate, prices are going one direction—up.

So, to satisfy both believers in median and supporters of average, I present this post with Fort Collins real estate prices for sold properties calculated with both methods.

Median

Average

Fort Collins Median Property Sale Price

$376,000

Fort Collins Average Property Sale Price

$414,661

It’s a difference of $38,661. Not exactly the cost of a bag of old potatoes. It’s going to impact the monthly payment, or a buyer’s ability to purchase the property at all.

Still, this is the view from 30,000 feet. If you want to buy real estate, it doesn’t mean you’ll be paying over $400k for a property in Fort Collins.

For specifics, please contact me. I’d be more than happy to help you in your search, and I have time for you!