Fort Collins Home Sales Decline in November

NORTHERN COLORADO REAL ESTATE

The number of single-family detached homes in Fort Collins listed for sale fell across the Northern Colorado region in November along with the number of homes sold, with Greeley homes sold being the least amount and the lowest prices.

Data released by Loveland-based Information Real Estate Services showed the number of sold homes in Greely declining steadily since July in the Greeley area, with 115 listed homes in Greeley sold in July and 81 sold in November.

The median sales price in November for Greeley was $112,000, down 20.6 percent from $141,000 in November 2009. The number of active homes for sale dropped to 625 in November from a high of 739 in June.

The Loveland real estate market showed similar trends in November but not as dramatic. There were 90 listed homes that sold in November, down 15 from 105 sold in October. The median sale price for homes in Loveland was $206,819, up 6.1 percent from $194,900 in November 2009.

Loveland area active listings stood at 903 in November after reaching a high of 1,126 in April.

There were 150 homes in Fort Collins sold in November, down from a high of 310 in June. The median sales price of these homes was $239,500, up 7.9 percent from $222,000 in November 2009.

There were 1,136 active listings in Fort Collins for sale in November, down from a high of 1,646 in April.

Through November, there have been 2,093 total Fort Collins homes sold (up 0.1 percent through same period in 2009); 1,250 homes in Loveland(up 3.7 percent); and 1,237 homes sold in Greeley(down 8.1 percent).