Year-End Real Estate Update

Out with the old, in with the new. 2016 will be yet another great year for real estate. But what about 2015?

2015 was a solid year for our team as we closed 58 total transactions, which was an increase from 2014. We are incredibly grateful to have had an amazing and successful year, so thank you all!

The major trend in 2015?

Low supply + high demand = higher prices

Here is a short synopsis of what 2015 looked like in Northern Colorado:
Number of New Listings: 21,455 (2014: 20,768)
Number of Sold Listings: 17,804 (2014: 16,882)
Median Sales Price: $289,000 (2014: 16,882)
Days on Market: 70 (2014: $252,000)
** Numbers are inclusive of residential detached and attached homes.
(Source: www.coloradorealtors.com)

Curious to see what 2016 has in store for us? Check out more in our blog,
6 reason to buy a home in 2016.
Check out more here: www.fortunebuilders.com