Residential Home Sales
Date updated: 05/11/2012
- Median Sale Price of Homes - Estes Park, Fort Collins & Loveland/Berthoud, 2002-2011
- Median Sale Price of New Homes in Fort Collins/Wellington & Loveland/Berthoud, 2002-2011
- Median Sale Price of Existing Homes in Fort Collins/Wellington & Loveland/Berthoud, 2002-2011
- Number of Homes Sold, 2002-2011
- Median Sales Price - Colorado Northern Front Range, 2011
Information and Real Estate Services (IRES) groups types of real estate based on use and style of the unit. The two groups shown here are Residential and Attached homes. Residential homes are single-family houses and residential acreage properties that do not share a common wall with another unit. Attached homes are properties that have shared walls or other structural components between units (i.e. condominiums, townhouses, or half of a duplex). Unless indicated, all housing data includes both types of homes, residential and attached, and both types of sales, resale and new construction.
Data Source: Information and Real Estate Services, L.L.C., Local Statistics (Select Resources, then Real Estate Statistics)
What the above data tell us:
Between 2002 and 2011, the median sale price for houses in Estes Park increased 14.3% and the trend had been one of relative steady growth until 2009. Median prices in Fort Collins and Loveland/Berthoud have not fared as well, with both markets increasing 10.5% since 2002.When adjusted for inflation, all three markets have failed to keep up with inflation: Estes Park (-8.6), Fort Collins (-11.6%) and Loveland/Berthoud (-11.6%).
A 'median' sale price means that an equal number of homes were sold at a price above the median, as were sold for a price below the median.
Data Source: The Group, Inc. (data not available online)
Note: Data released by The Group, Inc. combines Fort Collins and Wellington, and Loveland and Berthoud.
What the above data tell us:
The median sales price for new residential homes increased 6.9% in the Loveland/Berthoud market between 2002 ($226,594) and 2011 ($242,171), compared to 31.8% in Fort Collins/Wellington ($223,853 and $294,931, respectively). New attached homes (condos, townhomes, duplexes, etc.) didn't fare as well in these two markets: an increase of 8.7% in Fort Collins/Wellington compared to 3.3% in Loveland/Berthoud.
Data Source: The Group, Inc. (data not available online)
What the above data tell us:
Over the last 10 years, the trend in existing home sales has been flat or slightly downward, with the exception of residential homes in the Loveland/Berthoud area, which has seen a modest gain of 5.8%.Additional Information:
Related Information on COMPASS -
- Bankruptcy and Foreclosure
- Household Types & Age of Residents
- Home Ownership/Affordable Housing
- Housing Occupancy - Ownership/Renting
- Housing Units
- Median Family Income
- Miles of Road
- New Residential Units
- Per Capita Income
- Population Size & Growth
Other Resources -
- Coloproperty.com Local Real Estate Statistics
- IRES (Information and Real Estate Services) Northern Colorado's Multiple Listing Service
- The Group, Inc. - Regional Market Statistics
Data Tables:
Median Sale Price (in thousands) for Single Family Dwellings
- Estes Park, Fort Collins Area, Loveland/Berthoud
|
Estes Park |
Fort Collins Area |
Loveland/ Berthoud |
|
|
2002 |
$264,250 |
$214,500 |
$194,500 |
|
2003 |
$277,000 |
$220,000 |
$200,200 |
|
2004 |
$285,500 |
$220,500 |
$220,600 |
|
2005 |
$290,500 |
$229,900 |
$232,900 |
|
2006 |
$319,900 |
$230,000 |
$239,400 |
|
2007 |
$315,000 |
$235,000 |
$227,600 |
|
2008 |
$339,000 |
$233,000 |
$217,000 |
|
2009 |
$300,000 |
$226,000 |
$205,000 |
|
2010 |
$315,000 |
$232,000 |
$215,000 |
|
2011 |
$302,000 |
$237,000 |
$215,000 |
Median Sale Price by Type of Home and Type of Sale in
Fort Collins/Wellington & Loveland/Berthoud
|
Fort Collins/Wellington |
|
Loveland/Berthoud |
|||||||
|
Residential |
Attached Homes |
Residential |
Attached Homes |
||||||
|
NEW |
RESALE |
NEW |
RESALE |
NEW |
RESALE |
NEW |
RESALE |
||
|
2002 |
$223,853 | $237,000 | $161,170 | $151,000 | $226,594 | $189,000 | $164,760 | $147,450 | |
|
2003 |
$242,320 | $245,000 | $164,000 | $149,900 | $231,733 | $194,000 | $168,900 | $158,000 | |
|
2004 |
$251,210 | $254,700 | $171,010 | $153,000 | $266,168 | $200,000 | $181,693 | $152,500 | |
|
2005 |
$268,353 | $261,000 | $178,400 | $145,000 | $315,000 | $205,400 | $170,642 | $154,000 | |
|
2006 |
$233,754 | $230,000 | $192,539 | $145,000 | $278,900 | $210,000 | $160,450 | $151,900 | |
|
2007 |
$254,200 | $230,000 | $187,500 | $142,500 | $295,000 | $200,000 | $159,000 | $152,000 | |
|
2008 |
$276,100 | $227,500 | $179,000 | $147,000 | $365,000 | $201,000 | $146,894 | $145,000 | |
|
2009 |
$296,563 | $222,500 | $206,500 | $146,000 | $357,000 | $196,000 | $157,000 | $149,900 | |
|
2010 |
$274,589 | $228,000 | $187,000 | $146,900 | $322,000 | $210,000 | $146,000 | $146,000 | |
|
2011 |
$294,931 | $238,490 | $175,263 | $154,813 | $242,171 | $200,000 | $170,250 | $146,300 | |