Fort Collins Real Estate Market
Single-family Fort Collins home sales were up in May from the previous month April in the Fort Collins and Greeley areas, which is great news for both the Fort Collins and Greeley area home sellers. Don’t believe everything you see and hear on the news. The Fort Collins Real Estate market has remained fairly stable throughout the whole economic downturn. The Loveland Market is down a bit for the month of May and hopefully with the new ACE project, Loveland home prices should start to rise. It was reported that there were 257 Fort Collins home sales in May, up from 179 in April. Fort Collins home sales have been climbing since January.
Greeley Real Estate Market
Greeley home sales have also been increasing since January 2011, with 131 Greeley homes sold in May compared to 121 in April. Confidence is on the rise and Northern Colorado home buyers are out there buying amazing Greeley properties.
Loveland Real Estate Market
Loveland home sales fell slightly in May with 126 Loveland homes sold compared to 137 homes sold in April. Loveland Home sales had been climbing in 2011 until it hit a rough spot in May.
Year-to-date Northern Colorado home sales in all three real estate markets; Fort Collins, Loveland and Greeley are still below 2010 levels. Through May, 818 Fort Collins homes have been sold, down 13.7 percent from 948 sold in 2010. 491 Greeley homes were sold through May compared to 593 Greeley homes sold in 2010, a 17.2 percent decrease. 521 Loveland homes were sold through May compared to 559 Loveland homes sold in 2010, a 6.8 percent decrease.
The median Fort Collins homes sales price in May was $236,000, up 4.9 percent over May 2010. The median Greeley homes sales price in May was $126,000, down 13.1 percent, and the median Loveland homes sales price was $200,000, down 6.8 percent from May 2010, the report said.
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