NoCo detached home sales up 24%

Detached home sales in Northern Colorado in 2013 totaled more than $1.8 billion, an increase of 24.4 percent over the previous year, when over $1.4 billion was sold.

In 2013, 6,744 detached homes were sold in the three largest metropolitan areas in Northern Colorado, an increase of 18 percent from the 5,712 sold in 2012, according to data from Information and Real Estate Services.

These statistics do not include attached residences, such as condominiums.

2013 was a strong year for residential real estate, with time on market decreasing steadily and median home prices increasing in every metro area in every month, except in Loveland-Berthoud, which saw a decrease in January.
Over the entire year, though, Loveland-Berthoud saw an 8.7 percent increase in median home price from $229,900 to $249,900. In Fort Collins, the median home price increased by 6.1 percent from $246,000 to $261,000 from 2012 to 2013.

The Greeley-Evans area saw the biggest increase, with home prices rising by 12.6 percent from $151,000 to $170,000 from 2012 to 2013.

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