Old Town Fort Collins saw 18 homes officially listed in September of 2021, although a few of these have been on the market in months past and have been listed again to refresh their time on the market. The lack of single family homes, particularly in the middle to upper price ranges ($600-900K) continues to dominate the supply shortage this month.

August brought another 17 homes to the market, but quite frankly, those numbers are a bit of a lie. 4 of those homes have already been on the market once before this year….and surprise, surprise, those 4 homes that have been on the market before are all still available (each for their own specific reasons). As for the rest of the homes, they are all going under contract quickly (every single one under 7 days, except for one home on Shields, a busy street).

Comparing increases or decreases in the median price of Old Town is a tricky proposition, as the entire market price range is encompassed throughout Old Town, and a few higher priced listings can completely skew the statistics. More telling, in my mind, is what types of homes are being listed, and there was a nice range of prices represented this month from a low price of $320K for a condo, all the way up to one of the highest priced listings to go under contract (in Old Town) for $1,750,000.

Overall there were 20 new listings to hit the market in May of 2021, which is actually more than we saw in 2020 (18 were listed in 2020). Similar to April, may provided a nice mix of inventory, specifically inventory in the lower to middle price ranges ($300-$700K).

Overall there were 20 new listings to hit the market in May of 2021, which is actually more than we saw in 2020 (18 were listed in 2020). Similar to April, may provided a nice mix of inventory, specifically inventory in the lower to middle price ranges ($300-$700K).

The market picked up a bit in April with 20 homes hitting the market this past month. Even better was the fact that many of these homes fell within an “affordable” price range for the general buyer.

Curious about what came on the market, went under contract, and sold in Old Town? Here is what happened in March 2021

Curious about what came on the market, went under contract, and sold in Old Town? Here is what happened in January 2021