Fun Facts March 15, 2024

No Omens

Shakespeare famously wrote, “beware the Ides of March” in reference to March 15th.

However, when it comes to luxury real estate, there doesn’t seem to be any bad news on the horizon.

Instead, properties priced over $1 million are certainly on the upswing.

So far this year, there have been 26% more sales of luxury properties in Larimer County compared to early 2023.

And in Weld County, luxury property sales are up 36%.

Strength in the luxury market is certainly an indicator of the overall confidence in Northern Colorado real estate.

Fun Facts October 28, 2022

Luxury is Stronger

The market above $1,000,000 is stronger than the market overall.This is true in both Northern Colorado and Metro Denver.The luxury market is not slowing to the same degree as the overall market.In Northern Colorado:
  • Closed transactions are down 41% in the overall market and 26% in the luxury market over $1,000,000
  • Pending transactions are down 44% overall and only 13% in the luxury market
In Metro Denver:
  • Closed transactions are down 40% overall and only 13% over $1,000,000
  • Pending transactions are down 41% overall and only 17% in the luxury market
This is likely because higher-end buyers are not as sensitive to higher interest rates and there tend to be more cash transactions in the luxury market.
EconomyFort Collins Real Estate November 17, 2017

Luxury Leaps

One of our favorite sources of data is the Fort Collins Board of Realtors monthly market report. Their newest release of information showed some interesting numbers on the luxury market and a confirmation of other statistics we are tracking.

The Luxury market is way up over last year.

In the greater Fort Collins area over the last 12 months, sales of single family homes priced between $1 million and $2 million, have leaped up 79% over last year. 24 total sales last year compared to 43 this year.

We included a screen shot from the report below…

We will take a deeper dive and closer look at the luxury market across all of Northern Colorado in our upcoming December Windermere Report (if you don’t already receive this monthly printed newsletter in your mailbox, let us know and we will add you to the list. Just contact us HERE.) 

Quarterly Market Report
Luxury Real Estate September 22, 2017

Luxury Living

837 Glenn Ridge Dr Fort Collins CO 80524

Here are the top 5 most expensive home sales in Northern Colorado so far this year…

  1. $3.3 Million – a 16-acre estate near Pinewood Reservoir with 6 bedrooms, 8900 square feet, and black walnut floors
  2. $2.2 Million- a 9300 square foot home on 5 acres in Hidden Valley estates near Loveland
  3. $1.9 Million – a 8100 square foot home in the Harmony Club
  4. $1.9 Million – this 29-acre property between Berthoud and Loveland includes a 6000 square foot home and a 12,000 square-foot shop building
  5. $1.9 Million – a 9000 square foot home in SE Fort Collins which backs to open space and trails

Click HERE to see current luxury listings in Larimer County or click HERE to see current luxury listings in Weld County.