The numbers for February 2012 versus February 2011, although not spectacular, do suggest continued improvement in the Fort Collins real estate market. Keeping in mind that Fort Collins was the best real estate market in Colorado for 2011, we continue to see a fairly stable market. Contributing factors consist of a healthy rental market, high quality of living, and continued relocation to Fort Collins from other parts of the country.
The Numbers: Feb. ’11 vs. Feb. ’12
In short, we are seeing a low supply of homes and an increasing demand from buyers.
- There were 110 fewer detached residential listings for sale in February 2012 (a 9% decrease)
- There were 93 fewer attached residential listings for sale in February 2012 (a 33% decrease)
- 6% increase in the number of detached homes sold
What this means for Buyers
What this means for Sellers
* Statistics taken from Colorado Association of Realtors, Area: 9