How’s the Luxury Market?

Yogi Berra once said “the future ain’t what it used to be.”  And, the luxury market ain’t what it used to be either!

Most people see and understand that the real estate market has roared back to life compared to a few years ago.  But, what about the luxury market specifically?  The market for single family homes in Northern Colorado over $700,000 shows a dramatic turnaround since 2010. 

Here are a few stats that tell the story.

We’ve had 174 luxury sales in our market so far this year.  In 2010, we had only 59 through the same period.  This is almost a 200% difference!  Luxury homes are also selling much faster.  In 2010 the average days on market was 214.  Today it is 178.

To get the whole story, contact us to receive an extensive report on the Northern Colorado luxury market called “The Northern Colorado Luxury Home Report.”  To receive your free copy call 970-460-3033 or email fortcollins@windermere.com