Data for December is out. Here’s how it breaks down.
The Fort Collins Board of Realtors® serves Realtors like me in a committed, competent, and comprehensive way. They facilitate my ability to practice real estate with integrity, education and success. They do this by providing many services, including monthly reports like the one attached to this post.
I love the numbers they crunch and produce. You’ll find opinions, advice, and hard numbers on this blog, and I’m so proud that the numbers and data I post come from reputable sources like the Fort Collins Board of Realtors®. They, RE/MAX Alliance, and IRES (our local MLS) are my favorite and most cited sources.
Highlights from the Report
- Single family homes sales were down
- Townhouse, condo style properties (attached dwellings) were up
- Median Sales price up for both single family and attached dwellings were both up
- Days on Market went up by just a small amount
The most significant number to me in this report is the decrease in the number of new listings of single family homes when we compare last December to this. In December 2017, there were 149 new listings put onto the market. December 2018 only saw 88 new listings come to market. That’s a drop of 40%. Quite a difference.
Offsetting that slightly was the increase in new listings in the townhouse-condo-attached dwelling category. It was up by almost 40%, with only 33 new listings last December, but 46 coming on this December.
Median Sales Prices
The median sales price of single family homes was up by over 6%. It was at $376,000 in December 2017. December 2018 saw that number move to $400,000.
Median Sales prices of townhouse-condo-attached dwellings didn’t grow as much. It was up by 3.8%, moving from $275,200 to $285,550.
When you dive deeper into this report, you’ll see that the Fort Collins Board of Realtors® includes breakdowns for many Northern Colorado towns and cities.
Included in this report:
- Fort Collins