Is Fort Collins, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Collins is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Fort Collins has remained a Seller's Market.

Key Takeaway

Fort Collins is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fort Collins, CO

How much do homes in Fort Collins, CO cost?

Median Sold Price

$565,013

$297/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$14,996(+2.7%)

Key Takeaway

Homes in Fort Collins have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Fort Collins was $565,013 in May 2024, up 2.7% from last year, and the median price per square foot was $297.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $280K$249K
-11.1%
2 $391.6K$376.5K
-3.9%
3 $521K$529.8K
+1.7%
4 $627.5K$649.3K
+3.5%
5+ $795K$817.4K
+2.8%

Summary: Fort Collins housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.1%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 2.8%.

Median Sold Price Compared To Nearby Cities

Timnath-Wellington
+4.6%
Fort Collins
+2.7%
Timnath
-3.8%

Housing Supply in Fort Collins, CO

How many homes are available in Fort Collins, CO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
745871+16.9%

Summary: The Fort Collins real estate market had 871 homes for sale in May 2024, a 16.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 1320
+53.8%
2 134161
+20.1%
3 257282
+9.7%
4 225251
+11.6%
5+ 116157
+35.3%

Summary: The Fort Collins housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 53.8%, 2 bedroom homes increased by 20.1%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 35.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
204215+5.4%

Asking Price vs. Sold Price

73 Homes Were Sold
Under Asking

65 Homes Were Sold
At Asking

77 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fort Collins, you could pay more than the asking price. 35.8% of homes here sold above asking price last month.

Summary: A total of 215 homes were sold or pending in Fort Collins in May 2024, up by 5.4% month-over-month. Of the 215 sold homes, 34% were sold under asking, 30% were sold at asking, and 36% were sold over asking.

Days on Market for Fort Collins, CO

How long does it take to sell a home in Fort Collins, CO?

Average Sale Time

May 2023May 2024CHANGE
40 Days43 Days+8.2%

Summary: Homes in Fort Collins had an average of 43 days on market in May 2024, up by 8.2% compared to last year.

Breakdown of Home Sale Times

89 Homes Were Sold
Under 30 Days

105 Homes Were Sold
In 30 - 90 Days

21 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Fort Collins has remained consistent over time.

Summary: During May 2024, 215 homes were sold in Fort Collins; 41% of homes were sold within 30 days, 49% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Fort Collins, CO

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