July 2016 was strong for housing along the Front Range. Most markets continued to see an increase in median sold prices for single-family homes (detached and attached). The Fort Collins-Loveland dropped 14.8 percent, which could be viewed as simply a “settling” into a more realistic and sustainable price point.
The average Days on Market (DOM) held at 20 for the Front Range, while the overall median sold price dropped from $360K to $350K due to the FOCO/Loveland decrease.
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