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Home Sales Bounce Back (Infographic)

by Alan Daniels

Colorado Springs Home Sales

  • Sales in December were 14.7% higher than those in November, which is the largest month-over-month increase ever recorded.  November sales were lacking as the new TRID guidelines that were finally implemented created a backlog of delayed closings nationwide which ended up carrying over to December closings.  It will be interesting to track where this goes over the following months.
  • Nationwide inventory levels are still below historic norms at 3.9-months supply while inventory is even lower in Colorado.
  • Nationwide median home prices are up 7.6% from last year, marking the 46th consecutive month with year-over-year price gains while Colorado has realized higher gains lead by Denver's housing market.

Bottom Line for Colorado Springs Homes - Inventory is going to remain very low and home prices are going to continue to maintain year over year gains.  Luxury homes in Colorado Springs and Monument will see an increase in buyers while buyers will still be able to find good value in the luxury market. 

Sellers Market Snapshot - Timing to Sell

by Alan Daniels

 

     

 

Many people are gearing up for listing and selling their home in 2015.  There are many questions to ask when selling a home in Colorado Springs and surrounding areas.  Here are some of the main questions home sellers ask us when they are considering selling the home.  Odds are many of your questions will be the same.

  • When is a good time to list and what is the market doing in my area? 
  • How much is my home worth? 
  • What is the average days on market in my area? 
  • What is the selling price vs asking price in my area?
  • How many homes are for sale in my area?

I am sure you have other questions but wanted to provide a resource where you can instantly get answers to the above questions without talking to us.  Of course we are available anytime to answer your questions but some just want to research before speaking to anyone.  Just fill out the form to the left for an instant Market Snapshot and feel free to checkout the sample analysis to see what the report will look like.  Enjoy!

Our News 5 Appearance on NBC - Home Prices Are Up

by Alan Daniels

Here is the Video showing our appearance on News 5 this summer discussing the positive change in the Colorado Springs Real Estate market.  Some of their stats are off but it will give you an idea of what is going on in the market this year.  Thanks to our client Mark Stanforth for making an appearance on the spot!  Visit this link to see the real stats in the current market.

Colorado Springs Market Statistics For June 2008

by Alan Daniels

Are you looking at selling your Colorado Springs home? Take a look at the latest stats for the El Paso County market for the month of June. Below is the graph and details for current supply & demand (market saturation).  The total number of listings on market has gone down and so have total sales. 

Colorado Springs Real Estate Market Stats

Find out how much your home is worth in this market at www.COPropertyValues.com.

Displaying blog entries 1-4 of 4

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