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Displaying blog entries 11-20 of 22

Home Prices in Flying Horse For April 2015

by Alan Daniels

Home Prices in Flying Horse Colorado Springs for 2015 (YTD)

Real estate market data for Flying Horse Colorado Springs provided by Alan Daniels of The Daniels Team at RE/MAX Advantage.

Flying Horse Home Prices

 

Home Sales in Flying Horse have increased significantly in 2015! Up 200% to 40 closings year to date compared to 20 closings last year (YTD end of April). Inventory is up by 12 listings compared to this time last year but it is still a favorable reduction in market saturation based on the huge increase in sales.  This may be the optimal time to buy or sell a home before interest rates go up. Don’t wait on the sidelines for too long, many of our listings are selling within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have a top Colorado Springs Real Estate Agent that does a thorough market analysis of the Flying Horse home on which you are making an offer.



 

If you are interested in how much current inventory is on the market in Flying Horse you can find that information instantly by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently in Flying Horse, homes have a median time of 120 days on the market before they sell which is up 19 days from this time last year. This would suggest that buyers are in a decent position to offer slightly less then asking on a home. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Low inventory in Flying Horse has created an environment where multiple offers could come in on homes. Homes in Flying Horse are finally starting to move again as more home buyers are qualifying for loans. 

 

Flying Horse Real Estate Report Summary

Free Colorado Springs Coummity Reports

  • The median list price in April for all single family homes in Flying Horse is $514,900. The list prices increased by 14% from this time last year.
  • The average list price per square foot for listings in this area is $134.00.
  • The median sale price YTD for single family homes is $500,000. The sale prices increased by 12.36% from this time last year.
  • The average price per square foot for sales in this area is $131.00.
  • The median days on market is 120 Days.

 

 

 

Find Homes for Sale in Flying Horse Colorado Springs

Visit our website to search for homes in Flying Horse or to be notified when Flying Horse homes come on the market.

To find out what your home is worth in the current market Click Here or call 719-357-8550.

Ranked Top 25 in Pikes Peak MLS

by Alan Daniels

Top Colorado Springs Real Estate AgentsThe Daniels Team was ranked within the Top 25 Real Estate Agents for number of homes sold in 2014 for the entire Pikes Peak Region out of a membership of over three thousand Realtors!  We would like to thank all of our families, team members, friends, and clients for an incredible year and look forward to an even better 2015.

Must See Stats for Selling Your Home in 2015!

by Alan Daniels

Selling your home in 2015?  Take a look at The Daniels Team stats for the entire year of 2014 as compared to the average Realtor in the Pikes Peak MLS to see why we would be a good match for listing your home.

  • Average days on market for all Realtors in the Pikes Peak MLS (PPAR) was 63.  The Daniels Team average was only 23 days on market, bringing our clients an offer 40 days quicker on average!
  • Average Continuous Days on Market for all PPAR Realtors was 92.  The Daniels Team Average was only 37 days!
  • Average Sales Price to List Price Ratio for all PPAR Realtors was 98.6%.  The Daniels Team Average was 99.15% allowing our clients to save thousands of dollars in equity.

Source:  Pikes Peak Multiple Listing Service.  Showing 2014 sold stats for existing residential homes over $50,000.  Does not include short sale properties.

Colorado Springs in Top 3 Cities with Largest Homes

by Alan Daniels

Homes in Colorado SpringsHomes in Colorado Springs on average are large in comparison to other comparable metro cities around the nation according to a a recent article from 24/7 Wall Street. In fact Colorado Springs ranks 3rd for home size when comparing to these other metro cities with 3 other Colorado cities making the Top 10 list. Here is the list.

Top 10 Cities for Largest Homes

  1. Provo | Orem, UT - Median SF: Median SF: 1,980
  2. Houston | The Woodlands | Sugar Land, TX - Median SF: 1,900
  3. Colorado Springs, CO - Median SF: 1,899
  4. Atlanta | Sandy Springs | Roswell, GA - Median SF: 1,872
  5. Raleigh, NC - Median SF: 1,871
  6. Boulder, CO - Median SF: 1,865
  7. Greeley, CO - Median SF: 1,854
  8. Fort Collins, CO - Median SF: 1,851
  9. Austin | Round Rock, TX - Median SF: 1,837
  10. Dallas | Fort Worth | Arlington, TX - Median SF: 1,828

Read more about the list here.

Home Prices in Flying Horse for April 2014

by Alan Daniels

Home Prices in Flying Horse Colorado Springs for April 2014

Real estate market data for Flying Horse Colorado Springs provided by Alan Daniels of The Daniels Team at RE/MAX Advantage.

Flying Horse Home Prices

 

We have seen a steady increase on home prices in Flying Horse over the last 12 months and don’t expect things to slow down anytime soon with resale homes and new construction options.  The median sales price is up 3.58 percent in Flying Horse from this time last year.  If you are considering buying a home you can still find deals on a house in Flying Horse but having a good Real Estate Agent who understands the market is a must. Don’t wait on the sidelines for too long, many of our listings are selling within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Flying Horse home on which you are making an offer.

If you are interested in how much current inventory is on the market in Flying Horse you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently in Flying Horse, homes have a median time of 115 days on the market before they sell which is down 6 days from this time last year. This would suggest that buyers are in a decent position to make an aggressive offer on a home. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Low inventory in Flying Horse has multiple offers coming in on homes. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise.

 

Flying Horse Real Estate Report Summary

Free Colorado Springs Coummity Reports

  • The median list price in April for all single family homes in Flying Horse is $547,000. The list prices increased by 1.48% from the previous month.
  • The price per square foot for listings in this area is $137.00.
  • The median sale price in April for single family homes is $475,194. The sale prices dropped by -34.15% from the previous month.
  • The price per square foot for sales in this area is $136.96.

 

 

 

 

Find Homes for Sale in Flying Horse Colorado Springs

Visit my website to search for homes in Flying Horse or to be notified when Flying Horse homes come on the market.

To find out what your home is worth in the current market Click Here or call 719-357-8550.

 

Home Prices in Colorado Springs, CO for April 2014

by Alan Daniels

Home Prices in Colorado Springs, CO

Real estate market data for Colorado Springs, CO provided by Alan Daniels of The Daniels Team at RE/MAX Advantage.

Colorado Springs Home Prices

 

We have seen a steady increase on home prices in Colorado Springs over the last 12 months and don’t expect things to slow down anytime soon. If you are considering buying a home you can still find deals on a house in Colorado Springs but having a good Real Estate Agent who understands the market is a must. Don’t wait on the sidelines for too long, many of our listings are selling within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Colorado Springs home on which you are making an offer.

If you are interested in how much current inventory is on the market in Colorado Springs you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently in Colorado Springs, homes have a median time of 85 days on the market before they sell. This would suggest that buyers are in a decent position to make an aggressive offer on a home. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Low inventory in Colorado Springs has multiple offers coming in on homes. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise.

 

Colorado Springs Real Estate Report Summary

Free Colorado Springs Coummity Reports

  • The median list price in April for all single family homes in Colorado Springs is $250,958. The list prices increased by 2.43% from the previous month.
  • The price per square foot for listings in this area is $135.
  • The median sale price in April for single family homes is $210,000. The sale prices increased by +1.01% from the previous month.
  • The price per square foot for sales in this area is $114.25.

 

 

 

Find Homes for Sale in Colorado Springs CO

Visit my website to search for homes in Colorado Springs or to be notified when Colorado Springs Homes come on the market.

To find out what your home is worth in the current market Click Here or call 719-357-8550.

 

Wolf Ranch Real Estate Stats for 2013

by Alan Daniels

Wolf Ranch Homes For Sale | Home ValuesA few people have asked me about the market stats in Wolf Ranch, so I thought it would be helpful to share with the rest of our readers. Here are the stats broken into single family and townhomes for 2013.

Wolf Ranch Homes (Single Family):

  • 103 Single Family Homes were listed for an average of $364,898 while they sold for an average of $363,322 with many of them paying seller concessions.
  • Average Days on Market was 111.
  • Average Sold Price Per SF was $103.654.
  • Single Family CMA Report (Click Link to Reference)

Wolf Ranch Townhomes:

  • 8 Townhomes Sold and were listed for an average of $204,590 while they sold for an average of $201,988 with many of them paying seller concessions.
  • Average Days on Market was 58.
  • Average Sold Price per SF was $144.316.
  • Townhome CMA Report (Click Link to Reference)

The local market continues to improve which should provide favorable stats in 2014.  Visit www.COHomeValueReport.com for a Market Snapshot that better matches your particular property and neighborhood.

Please Note: Stats were taken from the Local MLS and do not reflect every sale in the market.

Mortgage Rates Update - Increase 2nd Straight Week

by Alan Daniels

Colorado Springs Mortgage Interest RatesMany forecasts indicate a steady mortgage rate increase through the end of the year and rates have been on the move up for the second straight week.

Rates on 30-year fixed-rate mortgages averaged 4.33 percent with an average point of 0.7 for the week ending Feb. 20,  which is up from 4.28 percent last week and 3.56 percent a year ago, according to Freddie Mac.

Rates are still at historic lows but are forecasted to increase steadily moving forward which will effect your buying power on the amount of home you can afford.  Now may be the right time to make a move on selling your home and buying another to lock in the interest rate. 

Renting a home currently?  Rents have been on the rise and are likely to continue increasing.  Especially if interest rates go up.  You will be surprised how much home you can afford now for the rent you are paying.

No matter where you are in the planning stages we highly recommend discussing your plans further to help you make the best decision for you and your family.  Feel free to contact us anytime to put a plan together based on your unique situation.Colorado Springs Real Estate Planning

Here are some helpful resources to help with the planning stage:

  • Instant Home Value Analysis - Click here for an Instant Analysis on your home value to give you an idea of what you have to work with.
  • CMA (Comparative Market Analysis) - Click here for a more in depth Analysis that we will complete for you personally.  This is much more accurate analysis.
  • View Every Home On Market - Click here to see over 4,000 homes currently on market.  This resource is great to utilize to see what is available in your price range.

Does Staging Work to Sell Your Home?

by Alan Daniels

Top Colorado Springs RealtorsWe've taken a very close look at the benefits of home staging and have found that using the services of a Colorado Springs Staging Expert provides a huge leg up in the competition.  There has been growing competition in the Colorado Springs Real Estate market so it is definitely worth taking a look at.  I believe in the power of staging from seeing it in some of our listings, but here are some of the key stats to back it up.

  • ASP (Association of Home Staging Professionals) - 95% of ASP staged homes sell on average in a 11 days or less for 17% more.
  • 2013 Homegain Survey - Average ROI (Return on Investment) for staging is 4,590%.  This stat definitely is worth looking at.  Who wouldn't want that kind of return on their dollar?

Contact us to discuss the benefits of staging your particualar home if you are in the market to sell your home.

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.

Displaying blog entries 11-20 of 22

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