As your local 8z REALTOR and market expert, it is my pleasure to bring you this monthly update for Fort Collin’s Troutman Park area including the Willow Park, Larkborough, and Four Seasons neighborhoods. Tune in each month for updated information about one of life’s biggest investments: your home. Or, even better, have it delivered right to your Inbox:
Much like the rest of the Front Range’s real estate market, the activity around Troutman Park went through a temporary slow down at the end of summer. It seems as if things are picking back up now that the kids are back in school and Labor Day has passed. A good example of this is the month over month comparison of homes on the market around Troutman Park and the number of those properties which are under contract. At this time last month there were 10 homes on the market and 5 of them were under contract. Now there are 14 homes for sale and 10 of them are under contract.
Sold in August
424 Guillemont St., Listed at $249,900, Sold for $239,000, 2 beds, 2 baths, 1,291 sq. ft., 70 days on the market, 62 days until under contract, $185.13/sq. ft.
4300 Table Mountain Pl, Listed at $249,000, Sold for $249,000, 4 beds, 2 baths, 1,580 sq. ft., 38 days on the market, 15 days until under contract, $157.59/sq. ft.
4313 Hummingbird Dr, Listed at $269,900, Sold for $269,900, 4 beds, 2 baths, 1,742 sq. ft., 59 days on the market, 10 days until under contract, $154.94/sq. ft.
503 Haven Dr., Listed at $269,900, Sold for $269,900, 3 beds, 2.5 baths, 2,096 sq. ft., 49 days on the market, 4 days until under contract, $128.77/sq. ft.
3818 Granite Ct., Listed at $287,000, Sold for $295,000, 4 beds, 3.5 baths, 2,124 sq. ft., 34 days on the market, 5 days until under contract, $138.89/sq. ft.
I would expect the demand for housing around Troutman Park to remain strong through the end of the year. We typically notice a seasonal slow down around the holidays here in Fort Collins. Much of the reason for that is that home owners don’t want to inconvenience themselves with keeping their place in prime condition for showings with all the hustle and bustle of the holiday season. With this in mind you can probably expect the sales activity to slow down in your neighborhood, but it will be due to more of the lack of inventory than the demand for housing as we near the end of the year.
Our real estate market has been shifting very quickly and there has been a growing disconnect between buyers and sellers recently. A lot of this is due to many sellers who are testing the market very aggressively at higher prices and sometimes less than favorable condition. To get top dollar in today’s market it is still important to have your home in premium showing condition at a price that creates competition among buyers. If you have questions please feel free to reach out and I’ll be happy to help.
Please call me if you need any assistance in Fort Collins. I’d be more than happy to discuss the current market’s activity, show homes from the current inventory and help you with your real estate needs. You can always reach me at 970.215.1573 or email@example.com