Fort Collins Real EstateFun FactsHomeownersLoveland Real EstateNorthern Colorado Real EstateWindermere Real Estate April 4, 2022

No Foolin’

This is not an April Fool’s joke.

Average prices in Metro Denver just exceeded $700,000 in Metro Denver.  Larimer County isn’t far behind.

For the month of March, the average residential sales price in the 5-county Metro Area was $704,000.  This does not include Boulder County.

Larimer County was $691,000 and we expect to see an average exceeding $700,000 in the very near future.

It’s also interesting to note the average price for properties currently listed for sale and not sold yet.  In Larimer County it is $848,000 and in Metro Denver it is $1,100,000.

You might be asking, why have prices appreciated to this level?  Quite simply, supply and demand.

The Front Range has a healthy, growing economy plus an incredibly high quality of life.  Meanwhile, standing inventory is low which results in upward pressure on prices.