October 2018 Old Town Market Update

    The average home sale price is up $65,000.00 from September 2017. In September, 2018, there were 17 home sales, with an average sales price of $510,000, and a median price of $420,000.00. This same time in 2017, there were 20 sales with an average sales price of $445,000.00 and a median sales price 366,000.00.

    Year to date, there have been 167 Old Town homes sold, with an average sales price of $511,000 and a median sales price of $436,000.00. In 2017, January – end of September there were 166 sales with an average sales price of $479,000.00 and a median price of $418,000.00.

    Even in a climate with rising interest rates, (currently 4.75-5% and expected to go up to 5.25%) and steadying prices, we continue to see the market appreciate for Old Town homes. Old Town sales continue to outpace the values of the rest of the City, as the average sales price in Fort Collins, at large, is $450,000.00.

    Trackback from your site.

    Leave a Reply