Fort Collins Homes: Pending Sales Down 76% Compared To Same Time Last Year?

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fort collins homes report

 

Some very interesting statistics coming out on Fort Collins Real Estate today from The Fort Collins Board of REALTORS®. I am a tad bit confused by the data. Yes, I realize that inventory is lower. Yes, I realize that interest rates have gone up a smidge. Yes, home values in Fort Collins Homes listing prices have risen 0.4% compared to the same time last year and the average sales price has also increase 4.7%, but what does not make sense, is why pending home sales are down a whopping 76%, year over year from March of 2013 to March of 2014 while new listings have decreased only 16.7%. Something is very strange and not really adding up.

Feel free to check out photo above and add your two cents on why you think this is happening. Pending home sales are significantly down for Fort Collins homes in comparison to the amount of inventory being listed on the market.

Very, Very intersting indeed.

If you are interested in Today’s Northern Colorado Real Estate Market Update, below you will find the New Listings, Price Reductions and Back on The Market Real Estate Report for Monday, April 14, 2014.

Fort Collins Homes / Real Estate Daily Market Report

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Fort Collins Hot New PropertiesLoveland ForeclosuresGreeley Foreclosures

80 New Listings

42 Price Reductions

16 Back On the Market

 

The Northern Colorado Properties that Caught Our Eye Today

Fort Collins Homes/ Loveland / Greeley Just Listed 

Fort Collins Homes / Loveland / Greeley Homes Back On the Market

Fort Collins Homes / Loveland / Greeley Price Reduced Properties

 

 

Berkshire Hathaway Fort Collins

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