This is the August 2016 Real Estate Market Update for
Ridgewood Hills Fort Collins CO Homes for Sale
While limited somewhat by a lack of inventory, sales have been good in Ridgewood Hills so far in 2016 - there have been 27 sales, priced from a low of $305,000 to a high of $554,000, with a median price of $370,000 and an average price of $367,267. Market performance was very good, with the average days to offer at 19 days and average days on the market at 53. The sale price/list price ratio for these 27 homes was 100.6% of list price, indicative of high buyer demand and a strong seller's market.
A shortage of homes available for sale has persisted for the last couple of years in Ridgewood Hills - there are only 2 homes currently on the market in Ridgewood Hills, a 3 bedroom 2 story priced at $390,000 and a 3 bedroom ranch-style priced at $545,900. There are an additional 4 homes under contract and waiting to close.
If you want to watch for newly available homes in the neighborhood, you can check out Ridgewood Hills Homes for Sale regularly. Even better, 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 listings are posted. And when you find a home you would like a closer look at, please let us know - we would be happy to schedule a showing for you at your convenience.
If you aren't familiar with Ridgewood Hills in Fort Collins CO, take a look at our neighborhood overview blog post for a brief introduction, or give us a call for a personal tour.
Mary & Dick Greenberg
Data Source: IRES MLS