Colorado Real Estate News

Northern Colorado Market Trends

Home Sale Prices Continue to Rise

In September 2021, all of northern Colorado’s attached and detached housing markets experienced a year-over-year increase in average sales price, except for Timnath’s attached market because 0 homes sold this month. For the detached market, Windsor saw the largest average sales price increase of 32.29%. In the attached market, Loveland saw the largest average sales price increase year-over-year of 19.96%.

Where to Find Cheaper Homes in the Detached Market

In the detached market, Timnath had the smallest year-over-year increase in average sales price of 0.13%, followed by Fort Collins with the average sales price increase of 1.28%. Berthoud had the smallest year-over-year average sales price increase of 3.91%. For those looking to purchase a home without massive increases in prices, consider these markets.

People’s Affinity for Attached Housing

The attached housing market had an increase in closed sales volume in all markets except Windsor and Timnath. Loveland’s attached market experienced the greatest year-over-year increase in closed sales volume of 56.87% in tandem with its closed sales increase of 30.77%, the highest among all other attached housing markets. Loveland’s attached market is selling more homes at higher prices and contains stiff competition for buyers.

Berthoud’s Average Close-To-List Price Reaches Normalcy

Berthoud’s attached market’s average close-to-list price decreased by 2.90% year-over-year resulting in 97.1%. As the area with the lowest average close-to-list price and the only one that decreased year-over-year, Berthoud’s attached market may offer some of the best real estate deals for homebuyers. Although Berthoud’s detached market’s average close-to-list price was 102.2%, it had the second-smallest year-over-year increase of 0.89% behind Windsor’s detached market with a year-over-year increase of 0.20%. Berthoud’s attached housing market contains desirable opportunities for buyers.

Leave a Reply

Your email address will not be published. Required fields are marked *