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Town comparisons › Red Feather Lakes vs Wellington

Red Feather Lakes vs Wellington

Red Feather Lakes and Wellington are both in Larimer County. There are 60 homes for sale in Red Feather Lakes and 72 in Wellington as this page loaded. Red Feather Lakes is the more expensive of the two: a median asking price of $502,000 against $467,000 in Wellington, about 7% higher. Homes are moving faster in Wellington — a median of 58 days on market against 107 in Red Feather Lakes. Red Feather Lakes is a buyer's market right now and Wellington is a balanced market.

Side by side

MeasureRed Feather LakesWellington
Homes for sale6072
New in last 30 days619
Median asking price$502,000$467,000
Median price per sq ft$322$273
Median size (sq ft)1,7601,706
Median bedrooms33
Median days on market10758
Months of supply8.73.6
Sold, last 12 months83241
Median sold price$400,000$464,900
Median days to sell6771
Sold vs asking price97.0%100.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Red Feather Lakes is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.
Wellington is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.

Red Feather Lakes

60
Homes for sale
$502,000
Median asking price
$322
Median per sq ft
107
Median days on market

Wellington

72
Homes for sale
$467,000
Median asking price
$273
Median per sq ft
58
Median days on market

Look at either town on its own

Questions people ask

Is Red Feather Lakes or Wellington more expensive?

Red Feather Lakes is more expensive. The median asking price is $502,000 in Red Feather Lakes against $467,000 in Wellington. By price per square foot, Red Feather Lakes runs $322 and Wellington $273.

Which moves faster, Red Feather Lakes or Wellington?

Homes for sale in Wellington have been on the market a median of 58 days, against 107 days in Red Feather Lakes. Of the homes that actually closed in the last twelve months, Red Feather Lakes took a median of 67 days and Wellington 71.

Is Red Feather Lakes or Wellington the better market for a buyer?

Red Feather Lakes is a buyer's market and Wellington is a balanced market, measured on months of supply — 8.7 months in Red Feather Lakes and 3.6 in Wellington. More months of supply means more choice and more room to negotiate, so on that measure Red Feather Lakes is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Red Feather Lakes and Wellington?

There are 60 homes for sale in Red Feather Lakes and 72 in Wellington as this page loaded, 6 and 19 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.