Fort Collins Real Estate Daily Market Report

Kristi’s rambling musings about today’s

Fort Collins Real Estate Market

This Fort Collins Real Estate market report includes 11 new listings, 20 price reductions, and 12 solds, 3 Properties that were pending and under contract and fell through came back on the market for sale in Fort Collins, Colorado.

Fort Collins Real Estate: Newsworthy and Notable

 

Interesting…as I was doing my daily reading on the current real estate conditions…I noticed a picture of a Fort Collins Home in today’s article in the New York Times...here is the article..

The Coloradoan has an article in today’s news about the  current conditions of our market..“Fall in home sales continues in Fort Collins area”

I am sort of a nut when it comes to number crunching and real estate market analysis…as a property investor in addition to being a full time REALTOR, it is important for me to be thoroughly educated on the current market conditions…I do tons of homework, watch trends and read between the lines when evaluating real estate markets.

In my opinion…many sellers of real estate in Fort Collins and Northern Colorado are in for a very painful reality check coming up through the rest of 2010 and into 2011.  Yeah, most people in my industry are really going to hate that I say this, but it is in everybody’s best interest to be realistic, honest and let homeowners know that buyers are now strongly in control and are willing to sit and wait until prices drop to even more affordable levels. As the rest of the nation had a plummet of 27% in July home sales, Fort Collins experienced a 30% decline…definitely not an average that we want to be leading in. I did see that a home in Old Town just closed sale for $89 per square foot.

The Ross Team works primarily with buyers to locate the best real estate values for both investors and primary owners in Fort Collins on any given day….it can be a bit frustrating sometimes when we run into home sellers that either are not being given correct information about what their home is actually worth or they are unaware of the options available through short sales if they are upside down in their home and do not think they can sell for less. The harsh facts is…yes, there are buyers out there, but if your home is priced to high…it will NOT sell.  Properly priced homes and condos will sell in a short period of time.

In Fort Collins, we are currently seeing an average of 20-25 price reductions per day on home sand condos as anxious owners begin to leap frog over each other to the be the most attractively priced home in their neighborhood.

As Certified Distressed Property Experts (CDPE), The Ross Team has worked with hundreds of  buyers and sellers over the last 5 years on purchasing foreclosures and short sales and selling short sales.  When dealing with distressed property sales, please work with an experienced REALTOR…there are many pitfalls that can be avoided with these types of transactions if you choose wisely who you work with.

 

As of today there are 27  Bank Owned Homes on the market in Fort Collins, with more coming through the pipeline for listing soon.  These Bank Owned Homes range in asking price from $74,900 all the way up to $799,900.

 

There are currently 89 Short Sales on the Market for sale in Fort Collins ranging in price from $70,000 all the way up to $755,553

SEARCH FORT COLLINS BANK OWNED HOMES

SEARCH FORT COLLINS SHORT SALES

Just Listed Homes in Fort Collins, Colorado for

August 23, 2010

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Back On The Market/Did Not Close Sale Homes Fort Collins , Colorado for

August 23 2010

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Price Reduced Properties in Fort Collins, Colorado

August 23, 2010

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Just Sold Homes in Fort Collins, Colorado

for August 23, 2010

Click on the pictures below for detailed listing information. For more detailed information feel free to contact us. Want HOT properties email directly to you? Sign up for automatic Hot Property Updates

 

Address	Bdrm	Bath	SoldPrice	FinishedSQFT	Price Per SQFT
5531 Rix Rd	3	1	$263,900	1383	$191
233 N Meldrum St	2	1	$109,900	688	$160
3024 Anchor Way	3	2	$140,000	988	$142
2018 Overlook Dr	3	3	$245,000	2010	$122
2326 Strawfork Dr	4	4	$260,500	1540	$169
4437 Warbler Dr	3	2	$184,000	1284	$143
1705 Heatheridge Rd	2	2	$90,250	1008	$90
5308 Parkway Cir	4	3	$271,000	2215	$122
600 sydney Dr	4	2	$200,000	680	$294

The Ross Team can be reached at 970-492-5155 or email: 970REALTOR@gmail.com

We are are available to help you relocate to or within Northern Colorado including Fort Collins, Loveland, Greeley, Laport, Bellvue and all of Larimer county

• Find out an Estimate Of What Your Home Is Worth

• Search the Fort Collins MLS LIVE

• Market Reports that are detailed and hyper local

Connect With Us:

970REALTOR@gmail.com | phone: 970-492-5155

Keller Williams Realty of Northern Colorado. 2580 E. Harmony Road, Fort Collins, CO 80528

* Important Notice – The content relating to real estate for sale on this web site comes in part from the IDX program of Information source: Information and Real Estate Services,© Copyright IRES. Listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may be lists of other Brokers who have agreed to the IDX Broker Reciprocity and subsequently have sold or may no longer be available.

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