Median sale price of homes in 2016 up throughout Northern Colorado, Boulder Valley

LOVELAND — Median sale prices of homes in all markets that make up Northern Colorado and the Boulder Valley increased in 2016, ranging from a 1.5 percent increase in the Estes Park area to 15.5 percent in Longmont, according to Loveland-based Information and Real Estate Services LLC’s year-ending report released Wednesday.

The report also revealed that the number of homes listed and the number of homes sold in 2016, in most markets, declined compared with 2015.

Boulder still outpaces markets in the region with the highest median sale price for single-family homes at $885,000, marking an 11.2 percent increase compared with $795,000 in 2015. The median price of a home in Boulder had reached its high for the year in October at $921,500.

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The number of homes listed in Boulder was up 2 percent to 1,699 compared with 1,665 in 2015, but the number of sales declined 10.6 percent to 608 compared with 680 in 2015, according to the report.

In Fort Collins, the median sale price was up 9.7 percent for the year at $356,500 compared with $325,000 in 2015. Listings were down 4.1 percent, 7,350 from 7,662 in 2015, and the number of homes sold was down 1.1 percent, 2,963 in 2016 compared with 2996 in the previous year.

In Longmont, the median sale price for 2016 of $357,900 was a 15.5 percent increase compared with $310,000 in 2015. Listings were down 19.9 percent, from 2,191 in 2015 to 1,775 in 2016. The number of homes sold declined 10.2 percent, from 1,210 in 2015 to 1,086 this past year.

In the Loveland/Berthoud market, the median sale price was up 10.4 percent at $345,000 compared with $312,525 in 2015. The number of homes listed was up 1.4 percent, 5,428 compared with 5,351 in 2015, but the number of homes sold was down 2.4 percent at 2,110 compared with 2,162 sales in 2015.

The median sale price in the Greeley/Evans market was up 13.6 percent in 2016. It increased from $220,000 in 2015 to $250,000 in 2016. Listings were down 7.2 percent with 4,006 homes on the market during the year compared with 4,315 on the market in 2015. The number of homes sold was up 1.1 percent, from 2,051 in 2015 to 2090 this past year.

The median sale price for the Estes Park market, which includes Allenspark, Meeker Park, Raymond and Riverside, was up 1.5 percent in 2016, from $369,950 in 2015 to $375,500 this past year. The number of homes listed in 2016 dropped 11.7 percent to 1,708 compared with 1,935 in 2015. The number of homes sold held steady, with 314 sales in 2016 compared with 312 sales in the previous year.