This is the October 2017 Real Estate Market Report for
Luxury Homes for Sale in Fort Collins CO
Homes at the top end of the market offer a variety of unique features. They are often larger, built to a custom design, incorporate high quality finishes, provide top-of-the-line appliances and fixtures, and are sited on bigger lots with nice views. These homes are always popular, and for the last several years, the market has slightly favored buyers, resulting in a substantial inventory and generally competitive pricing. If you'd like to check out what's currently on the market, take a look at Luxury Homes for Sale in Fort Collins CO.
Please note that in response to increasing prices across the board for Fort Collins homes, we have recently raised the starting point for this category to $700,000, which includes roughly the most expensive 20% of all homes for sale.
There are 123 luxury homes currently for sale in Fort Collins, priced from a low of $700,000 to a high of $11,700,000, providing a good range of choice in styles, sizes and locations. There are another 36 luxury homes under contract and waiting to close.
Luxury homes have experienced moderate sales in Fort Collins CO so far in 2017 – there have been 132 sales, with prices ranging from a low of $700,000 to a high of $1,960,000, with a median price of $842,500 and an average price of $915,395. While luxury homes typically take longer to sell than less expensive homes, market performance has been good - average days to get an offer for the homes that sold was 58 days, and average days on the market was 106. The sale price/list price ratio for these 132 homes was 98.0%.
The inventory of luxury homes is constantly changing, so if you want to watch for new listings to come on the market, we can help - we'll set up an on-going search especially for you, with your own customized web site and you'll be notified as soon as new luxury home listings are posted. When you see a home you want a closer look at, please give us a call - we would be delighted to schedule a showing for you at your convenience.
Mary & Dick Greenberg
Data Source: IRES MLS