Mary & Dick's Blog

Brown Farm Fort Collins CO - July 2016 Real Estate Market Update

This is the July 2016 Real Estate Market Update for
Brown Farm Fort Collins CO Homes for Sale

 

Brown Farm Fort Collins CO

 

Limited inventory continues to be the main story in Brown Farm. Strong buyer interest and competition for the few available homes over the last several years has generated upward pressure on prices and moved the neighborhood away from its previous status as a popular affordable location.

 

There have been 23 home sales so far in 2016 in Brown Farm, ranging in price from a low of $250,500 to a high of $362,800, with a median price of $314,000 and an average price of $311,222. Market performance has been excellent, with homes selling almost as soon as they come on the market - average days to get an offer was 8 and average days on the market was 42. The sale price/list price ratio for these 23 homes was 101.8%, indicative of a strong seller's market and high buyer demand.

 

As a comparison, the median price in Brown Farm two years ago was $230,000 and the average price was $233,458.

 

    Address: Style: Sq.Ft. Bedrooms: Price:
Active:            
  2101  Ayrshire Tri-Level 1296 3 $315,000
  2243  Ayrshire Ranch 1890 3 $325,000
Pending:            
  1900  Dorset Bi-Level 1688 4 $299,000
  2130  Ryeland Ranch 2012 4 $349,900
  2300  Ryeland Four-Level 2216 5 $350,000
Sold:            
  1925  Dorset Ranch 1114 3 $250,500
  2236  Karakul Tri-Level 1274 3 $276,100
  2006  Langshire Ranch 1152 3 $280,000
  2725  Stuart 2 Story 1320 3 $280,000
  2430  Farghee Ranch 1894 3 $285,000
  2606  Stuart Ranch 1904 4 $285,500
  2118  Romney Bi-Level 1528 3 $295,000
  2218  Rambouillet Ranch 2210 4 $295,700
  2248  Charolais Ranch 2152 5 $309,000
  2437  Montmorency Tri-Level 1541 3 $310,000
  2407  Merino Ranch 2680 5 $310,000
  2530  Yorkshire Ranch 2017 3 $314,000
  2521  Courtland Four-Level 2229 3 $314,500
  2272  Clydesdale 2 Story 2260 3 $315,000
  2431  Cheviot Bi-Level 2155 5 $315,000
  2608  Quince Tri-Level 1564 3 $321,000
  2318  Karakul Tri-Level 1640 3 $328,500
  2718  Lamona 2 Story 2016 5 $329,000
  2506  Charolais Ranch 2152 5 $330,000
  1806  Suffolk Ranch 2552 5 $345,500
  2300  Limousine Ranch 1896 3 $350,000
  2548  Romeldale Ranch 2186 4 $356,000
  2312  Limousine Tri-Level 2359 4 $362,800

 

There are currently only two homes available for sale in Brown Farm - a 1,296 sq.ft. 3 bedroom tri-level priced at $315,000, and an 1,890 sq.ft. 4 bedroom ranch-style priced at $325,000. There are another 3 homes under contract and waiting to close.

 

If you would like to track what's happening in this neighborhood, you could check out Brown Farm Homes for Sale regularly. Better yet, we can 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 homes are listed for sale in the neighborhood, so you can react quickly. And when you find a home that interests you, please give us a call - we would be happy to schedule a showing for you quickly and at your convenience.

Mary & Dick

Mary & Dick Greenberg
New Paradigm Partners LLC
2601 S. Lemay Ave. #41
Fort Collins, CO 80525
970-689-4663
www.maryanddick.com

 

Data Source: IRES MLS

Comment balloon 8 commentsDick Greenberg • July 20 2016 09:04AM

Comments

HI Dick, I like your Brown Farm Fort Collins CO market reports. I can understand why there is limited inventory and a strong interest, a good reason to contact Dick Greenberg ASAP.

Posted by Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917 (Coldwell Banker) almost 2 years ago

Great post for anyone looking in Brown Farm Fort Collins CO!  Being proactive and using you all to buy and sell is the best option!

Posted by Jan Green, HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN (Value Added Service, 602-620-2699) almost 2 years ago

Only two homes avilable in Brown Farm doesn't give buyers much of a selection.  I bet these won't last long.

Posted by Belinda Spillman, Colorado Living! (Aspen Lane Real Estate Colorful Colorado) almost 2 years ago

Dick,

Wow! two homes available in Brown Farm is definitely limited inventory.  Wishing Mary and you a great weekend. A

Posted by Ron and Alexandra Seigel, Luxury Real Estate Branding, Marketing & Strategy (Napa Consultants) almost 2 years ago

Hi Dick -- that's a healthy increase in average/median sales price.  Here's to more Brown Farm homes coming on the market soon courtesy of you and Mary.   

Posted by Michael Jacobs, Los Angeles Pasadena Area Real Estate 818.516.4393 (Coldwell Banker Residential Brokerage) almost 2 years ago

Dick Greenberg These are very helpful real estate market stats for Brown Farm Fort Collins, Colorado.

Posted by John Pusa, Your All Time Realtor With Exceptional Service (Berkshire Hathaway Home Services Crest) almost 2 years ago

Wow, no wonder. Great affordable price points for buyers who can secure a home in Brown Farm in Fort Collins. I've got a little secret for them, "hire Mary and Dick and it greatly increases your chances." ;) 

Posted by Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA (ViewHomes of Clark County - Nature As Neighbors) almost 2 years ago

Wow your average and median price have really gone up in this neighborhood. I bet the home owners are really happy about that. 

Posted by Debbie Laity, Your Real Estate Resource for Delta County, CO (Cedaredge Land Company) almost 2 years ago

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