Is Fort Collins, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Fort Collins has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $280K | $249K | -11.1% |
2 Bedrooms | $391.6K | $376.5K | -3.9% |
3 Bedrooms | $521K | $529.8K | +1.7% |
4 Bedrooms | $627.5K | $649.3K | +3.5% |
5+ Bedrooms | $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 | $573.7K | $599.9K | +4.6% |
Fort Collins | $550K | $565K | +2.7% |
Timnath | $687.5K | $661.5K | -3.8% |
Housing Supply in Fort Collins, CO
How many homes are available in Fort Collins, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
745 | 871 | +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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 20 | +53.8% |
2 Bedrooms | 134 | 161 | +20.1% |
3 Bedrooms | 257 | 282 | +9.7% |
4 Bedrooms | 225 | 251 | +11.6% |
5+ Bedrooms | 116 | 157 | +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 2024 | May 2024 | CHANGE |
---|---|---|
204 | 215 | +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
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 2023 | May 2024 | CHANGE |
---|---|---|
40 Days | 43 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
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.