October home prices rise across region

LOVELAND — Median home prices in Northern Colorado and Boulder Valley markets increased in October compared with the same period a year ago, according to a report released Monday by Loveland-based Information Real Estate Services Inc., a multiple-listing service.

The median price of a single-family home in Boulder continued to set the pace in the region. Boulder’s median price in October was $921,500, up from $815,000 for the same period a year ago. Forty-six of 133 homes listed were sold with an average of 90 days on the market.

In the Estes Park market, the median price was $389,000, up from $387,000 for the same period a year ago. Twenty-nine of the 145 homes listed were sold with an average of 118 days on market.

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The median price in Longmont was $365,000, up from $300,250 in October 2015. Eighty-three of the 150 homes listed were sold with an average of 45 days on the market.

The median price in the Loveland/Berthoud market was $353,900, up from $312,555 in October 2015. One-hundred ninety-four of the 448 homes listed were sold with an average of 81 days on the market.

The median price in Fort Collins was $351,000, up from $315,000 in October 2015. Two-hundred twenty-two of the 586 homes listed were sold with an average of 78 days on the market.

The median price in the Greeley/Evans market was $251,500, up from $165,000 in October 2015. One-hundred fifty-three of the 315 homes listed were sold with an average of 56 days on the market.