Market Activity for Red Feather Lakes, CO March 2019
What’s going on in the real estate world?
YOUR NEIGHBORHOOD MARKET ACTIVITY FOR Red Feather Lakes, CO
Red Feather Lakes, CO is a great place to live and / or getaway! The commute to Fort Collins, Laramie or Cheyenne is easy enough to enjoy mountain living and work in the city! How about just coming up for the weekend and enjoying the serenity of the mountains, kicking it back and throwing your line from the fishing pole out?
If you have questions regarding this neighborhood market activity or would like to know what your home is worth please give me a call.
Active Homes for sale – Active – 20
Average Price $436,824
Average Days on Market – 109
High price – $999,999
Low Price – $ 155,000
Active Homes / Asking Back up offers – 5
Average Price – $262,540
Average Days on Market – 121
High Price – $389,900
Low Price – $68,900
Sold Homes – 5
Average Price – $437,480
Average Days on Market – 200
High Price -$1,242,500
Low Price – $75,000
Vacant Land for sale – Active – 62
Average Price – $77,752
Average Days on Market – 289
High Price – $598,000
Low Price – $6,000
Active Land / Asking Back up offers – 1
Average Price – $65,000
Average Days on Market – 422
High Price – $65,000
Low Price – $65,000
Sold Land – 4
Average Price – $68,000
Average Days on Market – 87
High Price – $105,000
Low Price – $27,500
Know someone who wants to move to our wonderful neighborhood?
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Purchase a New Home with No Monthly Payments*
*Borrowers must maintain the home and remain current on their property taxes, homeowner’s insurance and HOA dues
Is a HECM for Purchase (H4P) Right for You?
A Home Equity Conversion Mortgage (HECM) for Purchase is a reverse mortgage loan that allows homeowners age 62 and older to buy a home by combining their down payment with reverse mortgage funds. Rather than using all of their available assets, this allows them to have a larger down payment to build the necessary equity in the home.
According to recent research from the U.S. Census Bureau, 69% of 55+ households do not live in a community designed around their needs. Many homeowners are considering, or would consider, a move to help meet important desires for their living space.
Contact Dan Butterfield for more information.