This is the July 2016 Real Estate Market Update for
Luxury Homes for Sale in Fort Collins CO
Buyers searching for something special in a new home - a custom design with high end fixtures, finishes and appliances, more square footage on a bigger lot, and all of the latest home features will want to spend some time browsing the current inventory of Luxury Homes for Sale in Fort Collins CO.
There are 205 luxury homes on the market in Fort Collins priced over $500,000 - our starting point for defining the luxury category - up to a high of $2,950,000, providing a substantial range of choice in styles, sizes, features and locations. There are an additional 93 luxury homes under contract and waiting to close.
Sales of luxury homes have been strong in Fort Collins CO so far in 2016 – there have been 275 sales, with prices ranging to a high of $1,900,000, with a median price of $592,347 and an average price of $637,653. While luxury homes generally take somewhat longer to sell than less expensive homes, market performance has been good - average days to get an offer for the homes that sold was 68 days, and average days on the market was 117. The sale price/list price ratio for these 275 homes was 98.5%.
There is constant change in the availability of luxury homes, so if you want to follow what's going on in the market, let us 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 find a home with that special appeal, 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