Now that we’ve made it through the 3rd Quarter of 2021 it’s time to look back and see how Troutman Park’s Real Estate market has performed compared to other recent years. If you own a home in the Troutman Park area you’ll probably be happy to see the appreciation we’ve noticed.
In Northern Colorado we typically see the market take a little bit of a seasonal breather during the 3rd quarter of the year as families put their home search on pause while getting ready for back to school. This year was no exception but the activity around Troutman Park didn’t drop off as much as we’ve seen in other years.
Here are the numbers compared to the 3rd Quarter of recent years:
2021 Q3 – 21 homes sold for $9,904,802. They ranged from $352,052-$623,000 at an average of $471,657
2020 Q3 – 27 homes sold for $11,109,356. They ranged from $340,200-$480,000 at an average of $411,457
2019 Q3 – 19 homes sold for $7,555,400. They ranged from $300,000-$494,500 at an average of $397,652
2018 Q3 – 17 homes sold for $6,043,650. They ranged from $290,000-$449,500 at an average of $355,508
2017 Q3 – 18 homes sold for $6,290,750. They ranged from $296,000-$429,900 at an average of $349,486
2016 Q3 – 19 homes sold for $6,288,000. They ranged from $260,000-$405,000 at an average of $330,947
If you have questions about Real Estate I’m always happy to share what I know. I grew up here in Fort Collins, I’ve worked in Real Estate since 2002 and live right here in Troutman Park so feel free to reach out if you ever have questions.
Here’s an interesting stat based on the most recent U.S. Census.
(although you probably won’t be surprised to hear this)
Since 1990, Colorado’s rate of population growth is double the Nation’s rate of population growth.
Here are the numbers since 1990:
30.3% growth in the U.S.
62.3% growth in Colorado
So, the Nation grows at roughly 1% per year and Colorado grows at roughly 2% per year.
It appears Colorado is twice as popular as compared to the Nation as a whole.
The unemployment rate is incredibly low at 2.7% which is almost a full percentage point lower than the U.S. average.
According to the Bureau of Labor Statistics, Metro Denver added 28,300 jobs over the last year which ranks 15th out of all metropolitan areas nation-wide, many of which have much larger populations than Denver.
While this is positive news, what is even more remarkable is what is happening in the other, smaller cities along the Front Range.
Anytime job growth exceeds 2.0% per year, it is a sign of a very healthy economy.
Here is what the other Cities have seen in terms of job growth over the last 12 months.
• Fort Collins 2.6%
• Greeley 2.5
• Colorado Springs 1.9%
Windermere offices throughout the Western U.S. have been busy raising money and making donations to non-profit organizations in their local communities that provide services to low-income and homeless families. And their efforts are paying off; so far this year we’ve raised over $1.5 million, bringing the total raised by the Windermere Foundation to $39.5 million since 1989.
Here is an example of how our office is giving back to our community:
Fort Collins, Colorado
The Windermere Real Estate office in Fort Collins held its 5th Annual Windermere Foundation Tailgate Party on Friday, September 20. The family-friendly event featured food, drinks, a bouncy house obstacle course, corn hole, face painting, and live music. Over $1,800 was raised for the Windermere Foundation during this event. All proceeds from the tailgate “party with a purpose” benefitted Partners Mentoring Youth and Crossroads Safehouse.
Great cul-de-sac location at 2007 Connecticut Court in Fort Collins that backs to open space! Colorado outdoor living here with the covered patio, deck off the master bedroom, gardening area and full privacy fence. Plenty of natural light with all the windows in the living room. The kitchen has newer cabinetry, tile counter tops and a large breakfast bar. Good storage with the 2 car garage and large shed in the back yard. Call for your private showing at (970) 215-1573 for more information or click the link below for more details.
If you are curious to know the current stats, trends, and dynamics in our market, this online workshop is for you!
See exactly what is happening in our real estate market today so you are clear about where it is going.
The questions we will answer for you:
– Are prices still going up?
– Is there a housing bubble?
– Will interest rates ever go up?
– Is now a good time to buy or sell?
– Where are all these people coming from?
Please reach out to your Fort Collins Realtor Brandon Bidwell today if you have any additional questions or wish to receive a complimentary home pricing analysis. I can be reached at (970) 215-1573 or bidwell@windermere.com
Facebook
Twitter
Pinterest
Copy Link