As the new year starts, real estate professionals across Northern Colorado have a sense of optimism in the market as we’ve weathered the holidays and can now focus on the business at hand – helping our clients take advantage of the best options and opportunities on either side of the transaction. This optimism, whether founded or not, comes after years of pretty stagnant market progress in Fort Collins and hinges on a few items: inventory, buyer demand and interest rates.
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January 2026: So Far, So Good in Fort Collins
Jared Reimer - The Craft Broker
Fort Collins Single Family Homes - January 2026
So far, so good in Fort Collins. While January is a pretty tame month with a lower sample size of transactions to project a trend, the market had no major moves. In the single family realm, there were 199 new listings, down 9.1% as compared to January 2025. Fewer new listings impacted overall inventory, which sat at 327 listings, down 6.8% from January 2025. We have to remember that there is a delicate balance between too many listings and not enough. There was progress in total home sales, on the heels of December decline in interest rates that brought in more buyers with January closings, up to 113, or 1.8% more than January of 2025. Median value declined ever so slightly from $600,000 last January to $589,990 this year. Remaining statistical points show some good and some bad: days on market are up to 110 days across Fort Collins, which is the highest mark we’ve seen in at least the last 3 years, but, monthly supply is down 15% to 1.7 months, along with affordability increasing 9.7% as compared to January of 2025. Lower interest rates and slightly lower prices are the factors helping affordability.
Fort Collins Attached Homes - January 2026
In the attached condo/townhome market, we are seeing a slightly different story. The condo/townhome market has been much more volatile in the last 12 months, where we have seen big swings in many metrics across 2025, with little rhyme or reason. Let’s hope for more stability this year. New listings are down to 79 homes, or 4.8% less than January of 2025. Active listings are also down to just 138 homes, 17.9% less than January 2025. It would appear that because the condo/townhome market is a more value conscious and affordable option, there is more buyer competition, evidenced by a 13.6% increase in median value, which is actually the highest median value we’ve seen EVER in the condo/townhome market in Fort Collins. While I do think this is a flash in the pan and prices may relax as more balanced inventory hits the market, it could be an opportunity for those attached home sellers to strike while the iron is hot.
Keeping A Close Eye On Inventory
As it sits now, inventory levels in both attached and detached homes are at lower levels than last year. I am keeping a careful eye on those levels as we head through February and March. If expired/withdrawn listings from 2025 get dumped back on the market in the Spring, the cycle of too much inventory bogging down the market will repeat. Hopefully, interest rates, that are nearly 1 percent more advantageous for buyers, will be enough ammunition to take down any inventory glut we see. Sellers should stay keenly aware of their competition and price their homes competitively from the start – this is not a test-the-waters kind of market. Stay tuned as we get deeper into the year and see how it plays out.
I provide the expert guidance, resources and confidence to easily make a move in Northern Colorado. Every real estate transaction is unique and I work closely with you to develop a plan, strategy and approach to get the most out of your next sale or purchase. If you, a friend or a neighbor have a real estate need, please get in touch with me | Jared@TheCraftBroker.com or 970.222.1049
About the Author: Jared Reimer is a native Coloradoan and Partner at Elevations Real Estate in Old Town Fort Collins. He’s a community advocate, business champion, blogger, leader, tireless volunteer, innovator, thinker and expert on all things real estate in Fort Collins and surrounding Northern Colorado. You’re likely to find Jared spending quality time outside with his wife, Kacie, and kids, Hudson and Isla, or visiting with friends and clients throughout Fort Collins and Northern Colorado. Call or text Jared at 970.222.1049 or email him at Jared@TheCraftBroker.com