Boulder/Broomfield REALTOR® Gives Advice While Fort Collins REALTOR® Sees Increased Listings & Prices
CAR Market Trends for February 2022 showed Boulder and Broomfield Counties with 14% fewer listings than January while Fort Collins boasts 90 listings in early March, compared to 144 for all of February. Two CAR spokespeople shared that preparation is key no matter where you live. “In Boulder and Broomfield counties, the listings continue to disappear, and the buyers are still coming out of the woodwork to try to make a move before interest rates creep up even more…,” said CAR Spokesperson Kelley Moye. “Buyers must be prepared to have their financing completed, understand contracts, negotiations, and how to write a competing offer. Sellers have to be prepared to understand the same and, more importantly, have a place to go when their home sells quickly,” she said. CAR Spokesperson Chris Hardy of Fort Collins also sees the best and worst. “The really good news is that in the first week of March, the Fort Collins market has seen a dramatic uptick in new single-family listings (more than 90 so far while there were just 144 for all of February). The bad news is that Fort Collins has set a new monthly median price record of $625,000. Contrary to T.S. Eliot’s opinion, “March appears to be the cruelest month.”