This is the seventh in a series of reports on 2012 Northern Colorado Real Estate Market Trends, looking at specific indicators relating to market performance over the last two years. We're defining the Northern Colorado market to consist of Larimer & Weld Counties, including Fort Collins, Loveland, Estes Park, Greeley, Windsor, Berthoud, Johnstown and Wellington.
In tracking the Sold Price/List Price Ratio for homes sold in Northern Colorado,
the overall strength of the marketplace is evident. While there was a
dip from July, 2010 through April, 2011, the magnitude was within a
range of 1.6% - homes over the two year period have sold for between 96.5% to 98.1% of listing price.
There isn't any evidence of panic selling or a steep decline in values,
and the ratio is trending up again. This data becomes even more
meaningful when paired with the previous look at rising prices of both
listed and sold homes. And the upward trend suggests both continuing stability and the possibility of a recovery in the regional real estate market.
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