Signs of Slowing

It's not just temperatures cooling off as we transition from summer to fall, there are signs that the market is cooling as well.autumn-974882_1280

The numbers are in and both Loveland and Fort Collins had their slowest August in several years.

Loveland had 127 single family home sales last month. This is 16% lower than August 2015 and the slowest August for Loveland since 2012.

Fort Collins had their slowest August since 2011 with 206 single family sales. This is 13% lower than last year.

This is good news for buyers who may have been reluctant to enter the multiple-offer frenzy that occurred this past spring. It looks like we are moving toward a more "normal" market.

Posted on September 9, 2016 at 8:38 pm
Rondi duPont | Category: Blog, Fort Collins Real Estate, Fort Collins Realtor, Fun Facts | Tagged , , , , , , , , , , , , , , , , , , , ,

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