Colorado Real Estate News

Real Estate Northern Colorado Market Trends

Windsor’s Detached Market Skyrockets

In June of 2021, Windsor’s detached closed sales saw a 4,355.88% increase year over year going from 102 in 2020 to 4,545 in 2021, along with a 92.52% year-over-year increase in closed sales volume. The detached housing market in Boulder saw the second-highest increase of closed sales at 53.61% year over year, with a closed sales volume increase of 85.62%.

Berthoud’s detached market closed sales decreased by 21.43% year over year, yet the attached closed sales increased by 800.00% with a 1,385.94% increase in attached closed sales volume year over year.

Days on Market Decrease

Average days on market continues to decline across all of northern Colorado except for Loveland’s attached homes with a year-over-year increase of 7.95%. Attached housing in Timnath was quick to fly off the shelves as it saw the most significant year-over-year decrease of 80.84% with the lowest average days on market at 41. Fort Collins’ detached housing also earned some prominence with the largest year-over-year decrease of 49.15% and the lowest average days on market at 30.

Love for Loveland

Loveland’s average close-to-list price was the highest for attached homes at 104.10% and the second-highest for detached homes at 104.20%. Fort Collins gained some appeal as the average close-to-list price for detached homes snuck ahead at 104.70% and had the highest year-over-year increase of 6.19%. 

Berthoud’s attached market had the highest average close-to-list price increase year over year of 6.40%, following May’s highest year-over-year increase across northern Colorado of 10.92%. As Berthoud’s average close-to-list price continues to climb, be wary of stiff competition in this region.

Sales Prices Rise

Timnath saw the largest year-over-year average sales price increase of 79.87% in the attached market, resulting in a price tag of $715,284. Windsor’s detached housing market had the greatest year-over-year increase in average sales price of 21.84%, resulting in $602,579. 

*Written July 7, 2021. Updates may be available after this date.