It was a pretty depressing October across the region as sales receded in the Fort Collins, Loveland and Greeley real estate market. Many listings continued to linger on the market as buyers, scared off by higher interest rates, pulled back. It's a very unique market where buyers are willing to buy but having a difficult time with prices and monthly payments, and sellers are willing to sell and are providing discounts and concessions - yet fewer are reaching the closing table.
THE CRAFT BROKER
NORTHERN COLORADO HOMES
Sales Slide Across the Region
Jared Reimer - The Craft Broker
NORTHERN COLORADO MEDIAN HOME VALUES
NORTHERN COLORADO HOME SALES
FORT COLLINS (IRES AREA 9, INCLUDING FORT COLLINS, WELLINGTON, TIMNATH, & WESTERN LARIMER COUNTY)
The Fort Collins market seemed to be the hardest hit this month as sales slumped nearly 32% as compared to October 2025 sales. As mentioned above, low sales with plenty of inventory is indicative of sluggish buyer demand, which will only improve if interest rates improve, or prices decline. In a unique twist, median value in Fort Collins improved nearly 6%, to $625,000, showing that no matter what happens in this market, prices just won't seem to budge.
LOVELAND/BERTHOUD (IRES AREA 8, INCLUDING LOVELAND, BERTHOUD, & SW LARIMER COUNTY)
The Loveland/Berthoud market suffered, but not to the extent that Fort Collins did. Median values pulled back nearly 4% to $542,838, however, this is well within the range of normal over the last 4 years. Sales dipped over 11% to just 128 sales in October.
GREELEY/EVANS (IRES MAIL CITIES GREELEY AND EVANS)
The Greeley/Evans market had characteristics of both of its regional counterparts - declining sales but also increased median value. In fact, the Greeley/Evans market hit one of the highest median values on record, and certainly the highest median this year, posting a $446,174 value. Like Loveland, sales declined nearly 14% to just 101 sales - not as painful as Fort Collins, but painful nonetheless.
INVENTORY
Inventory will continue to be the gauge of buyer demand moving forward. We typically see August or September as our high point in inventory, however, in Greeley and in Fort Collins, inventory is continuing to increase and has yet to peak for the year. This is concerning. An in Loveland, we only saw a minimal reduction in inventory. Many of these listings may be pulled over the next month, however, if they continue on the market through the holidays, or are dumped back on with the same pricing strategy in the early spring, we will continue to be bogged down with too many listings, too many options and not enough demand, further exacerbating a shaky market.
PERCENT OF LIST PRICE TO SOLD PRICE
Sale to list price ratio bounced back a bit in Greeley and Loveland, but continued to decline further in Fort Collins, however, it is in the 98% range for the region. This is, at least numerically, in better shape than 2025. Let's hope we don't see further declines.
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