Residential Home Sales
Date Updated: 05/09/2011
- Median Sale Price of Homes - Estes Park, Fort Collins & Loveland/Berthoud, 2001-2010
- Median Sale Price of New Homes in Fort Collins/Wellington & Loveland/Berthoud, 2001-2010
- Median Sale Price of Existing Homes in Fort Collins/Wellington & Loveland/Berthoud, 2001-2010
- Number of Homes Sold, 2001-2010
- Median Sales Price - Colorado Northern Front Range, 2010
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 these data tell us:
Between 2001 and 2010, the median sale price for houses in Estes Park increased 22.3% and the trend has been one of relative steady growth until 2009. Median prices in Fort Collins and Loveland/Berthoud have not fared as well, 13.2% and 16.2%, respectively. All three markets have seen an increase in prices between 2009 and 2010.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 these data tell us:
The median sales price for new residential homes increased 39.4% in the Loveland/Berthoud market between 2001 ($231,000) and 2010 ($322,000), compared to 24.8% in Fort Collins/Wellington ($220,000 and $274,600, respectively). New attached homes (condos, townhomes, duplexes, etc.) fared much poorer in these two markets: an increase of 4.1% in Fort Collins/Wellington compared to a decline of 18.8% in Loveland/Berthoud.
Data Source: The Group, Inc. (data not available online)
What these data tell us:
In 2010, the difference between median sale prices for existing single family homes in Fort Collins/Wellington and Loveland/Berthoud was the lowest ($18,000) it's been during the last 10 years. The median sales price in Loveland/Berthoud has varied much less than in Fort Collins/Wellington during this time period.In addition, of all 4 markets, the median sales price for existing attached homes has varied the least during the last 10 years and is virtually identical in both Fort Collins/Wellington and Loveland/Berthoud.
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 |
|
|
2001 |
$257.5 |
$205.0 |
$185.0 |
|
2002 |
$264.3 |
$214.5 |
$194.5 |
|
2003 |
$277.0 |
$220.0 |
$200.2 |
|
2004 |
$285.5 |
$220.5 |
$220.6 |
|
2005 |
$290.5 |
$229.9 |
$232.9 |
|
2006 |
$319.9 |
$230.0 |
$239.4 |
|
2007 |
$315.0 |
$235.0 |
$227.6 |
|
2008 |
$339.0 |
$233.0 |
$217.0 |
|
2009 |
$300.0 |
$226.0 |
$205.0 |
|
2010 |
$315.0 |
$232.0 |
$215.0 |
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 |
||
|
2001 |
$220,034 | $215,500 | $179,705 | $139,000 | $231,000 | $182,280 | $179,900 | $139,900 | |
|
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 | |