Pretend that customer walks into our office and tells us they are looking for a single family home in Fort Collins. We would tell them that there are 314 to choose from. But if they told us their price range is up to $300,000, their choices would be limited to just 10 homes.
Single family homes priced under $300,000 only represent 3.18% of the total inventory in Fort Collins. This is a big reason why buyers are opening up their search to communities that surround Fort Collins.
Here’s a snapshot of the major Northern Colorado markets:
Loveland: 176 Homes For Sale/15 Priced Under $300,000
Windsor: 151 Homes For Sale/6 Priced Under $300,000
Greeley: 98 Homes For Sale/33 Priced Under $300,000
Fort Collins: 314 Homes For Sale/10 Priced Under $300,000
What’s important to know is today’s market dynamics create an ideal scenario for the move up buyer to use the equity in their home, leverage the low interest rates, and buy the home of their dreams.
To receive a copy of our entire Market Forecast presentation full of interesting facts and incredible takeaways about our market, email me at phunter@windermere.com and I will send you copy right away.
Welcome to Friday Fun Facts!
Thanks for checking out this week’s Friday Fun Facts!
These little nuggets of information are designed to inform, education and entertain you. I promise to give you some solid takeaways, based on real life with information that will keep you up-to-date.
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