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2900 Fauborough Ct Comparable Market Analysis

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Kathy Scribner's Market Report kathy@ownthishometeam.com | 970-669-4175

Fort Collins, CO 80525 Single-Family Homes This week the median list price for Fort Collins, CO 80525 is $547,500 with the market action index hovering around 47. This is an increase over last month's market action index of 46. Inventory has held steady at or around 56.

Real-Time Market Profile

Market Action Index This answers “How’s the Market?” by comparing rate of sales versus inventory. 40

Buyer's Market

50

60 70

90

47

100

ay Tod

M th on

10

Last

80

20

30

0

Seller's Market

Strong Seller's Market Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Median List Price

$547,500

Per Square Foot

$193

Days on Market

14

Price Decreased

11%

Price Increased

5%

Relisted

4%

Inventory

56

Median Rent

$2,050

Most Expensive

$1,579,000

Least Expensive

$370,000

Market Action

47

Strong Seller's Market

Median List Price $600K

$550K

$500K

$450K

$400K Apr 2018

Aug 2018

Dec 2018

Apr 2019

Aug 2019

Dec 2019

7-Day Average

Apr 2020

Aug 2020

Dec 2020

Apr 2021

90-Day Average

Market Segments Each segment below represents approximately 25% of the market ordered by price. Median Price

Sq. Ft.

Lot Size

Beds

Bath

Age

New

Absorbed

DOM

$787,500

4,204

0.25 - 0.5 acre

4

3

23

6

2

7

$595,000

2,840

4,500 - 6,500 sqft

3

2

5

2

1

17

$520,000

2,819

6,500 - 8,000 sqft

4

2

16

4

4

21

$417,500

1,890

8,000 - 10,000 sqft

3

2

44

4

4

21

Mon Apr 05 2021 Powered by Altos Research, Inc. | www.altos.re | Copyright © 2021 Altos Research, Inc.

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