This is the September 2014 Real Estate Market Report for
New Homes in Fort Collins CO
If you are attracted to the idea of a brand new home, one that has never been lived in, with the most up-to-date concepts in home design, convenience and energy efficiency, you will want to take a close look at the available inventory of New Homes for Sale in Fort Collins.
There is a lot of new home construction occurring in the area at the present time, so there is a substantial supply to choose from - there are 155 new homes currently listed for sale, priced from a low of $224,900 to a high of $1,200,000, providing lots of choice in location, size, style and features. With many of these homes, there is still time to select finishes and features, as well as the opportunity to build from scratch. And the inventory above is considerably understated, since builders typically do not list their entire inventory in the Multiple Listing Service (MLS).
New home sales continue at a strong pace so far in 2014 – there have been 434 new homes sold, priced from a low of $115,000 to a high of $950,000, with a median price of $262,963 and an average price of $312,221. Average days to get an offer for the homes that sold has been 56 days, with an average days on the market of 109. The sale price/list price ratio for these 434 homes was 100.7% - note that new homes frequently sell above list price because of upgrades and extras.
Because the inventory of new homes for sale varies frequently, if you would like to follow this market segment, let us help - we'll set up an on-going search especially for you, with your own customized web site - you'll be notified as soon as new listings are posted.
And if you find something interesting you'd like to see, please give us a call - we’d be delighted to show any of these homes to you at your convenience.
Mary & Dick Greenberg
Data Source: IRES MLS