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:
The current available supply of housing is still certainly leaning in the favor of sellers for homes in the neighborhoods surrounding Troutman Park. It is shifting a little more towards a balanced market however. A good illustration of this is the fact is that as of right now exactly half the homes for sale around Troutman Park are still available. Compare that to earlier this year when 8 or 9 out of 10 homes for sale was under contact.
Sold in July
713 Great Plains Ct., Listed at $235,000, Sold for $242,500, 3 beds, 1.5 baths, 1,422 sq. ft. 36 Days on Market, 4 days until u/c, $170.53/sq. ft.
4406 Rosecrown Ct., Listed at $260,000, Sold for $260,000, 3 beds, 3 baths, 1,992 sq. ft. 39 days on market, 18 days until u/c, $130.52/sq. ft.
4124 Granby Ct., Listed at $264,500, Sold for $265,000, 4 beds, 2 baths, 2,243 sq. ft. 35 days on market, 4 days until u/c, $118.15/sq. ft.
4324 Hummingbird Dr., Listed at $275,000, Sold for $272,500 (with $5,000 in seller paid concessions), 3 beds, 2 baths, 1,736 sq. ft. 51 days on market, 29 days until u/c, 156.97/sq. ft.
4112 Saddle Notch Dr., Listed at $280,000, Sold for $275,000 (Cash), 4 beds, 3 baths, 1,952 sq. ft. 51 days on market, 7 days until u/c, $140.88/sq. ft.
4201 Saddle Notch Dr., Listed at $285,000, Sold for $282,500, 4 beds, 3.5 baths, 2,354 sq. ft. 67 days on market, 12 days until u/c, $120.00/sq. ft.
3807 Granite Ct., Listed at $295,000, Sold for $296,000 (seller paid concessions $2,608), 4 beds, 3.5 baths, 2,294 sq. ft. 40 days on market, 4 days until u/c, $129.03/sq. ft.
807 Marble Dr., Listed at $329,000, Sold for $329,000 (with $1,500 in seller paid concessions), 4 beds, 2.5 baths, 2,989 sq. ft. 24 days on market, 1 day until u/c, $110.07/sq. ft.
With some of the sellers around Troutman Park attempting to get a top dollar premium for less than desirable condition and or amenities, I believe we’ll see the average days on market going up.
Homes that are priced right and merchandised well are still selling and with competition from multiple buyers for many of them. With the current demand for “move-in ready” and “updated” housing it is well worth an owner’s time to make the necessary preparations to take advantage of that competitive market.
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