Blog

Market Upate for Colorado Springs 3/2017
By Luther
April 7, 2017

There are currently 1342 active single family listings on the market in the Pikes Peak region compared to 1941 last year at this time, which is a 26.1% decrease. Fewer listings, creates more demand which is driving prices up and helping homes sell faster. New listings on the market are down 1.7%. The average sales price was up 10.4% to $301,385 in March and Sales are up 6.4%.

The median single family sales price is up 11.9% compared to March 2016 (same number of homes sold above as below).

Colorado Springs 2016 Real Estate Market in Review
By Luther
January 4, 2017

There are currently 1,536 active single family listings on the market in the Pikes Peak region compared to 2133 last year at this time, which is a 28% decrease. Fewer listings, creates more demand which is driving prices up and helping homes sell faster. New listings on the market are down 1.2%. The average sales price was up 7.8% to $287,294 in Dec and Sales are up 12%.

The median single family sales price is up 6.3% compared to Dec 2015 (same number of homes sold above as below).

Increase your homes value for $0
By Luther
December 19, 2016

Unless your home shows at its very best, it can cost you hundreds, even thousands, of dollars during its sale.  You may also face the prospect of a prolonged listing period or even an expired listing.  Fortunately, you don’t have to spend a fortune to get your home ready for sale.  There are things such as plumbing or painting, but there are several things that you can do for no money that will help make your home ready for sale.

Market Update Nov 2016, Sales Up 47%
By Luther
December 2, 2016

There are currently 1932 active single family listings on the market in the Pikes Peak region compared to 2627 last year at this time, which is a 26.5% decrease. Fewer listings, creates more demand which is driving prices up and helping homes sell faster. New listings on the market are up 9.7%. The average sales price was up 7.9% to $288,295 in Nov and Sales are up 47%.

The median single family sales price is up 8% compared to May 2015 (same number of homes sold above as below).

Market Update Oct 2016
By Luther
November 30, 2016

There are currently 2227 active single family listings on the market in the Pikes Peak region compared to 2936 last year at this time which is a 24% decrease. Fewer listings, creates more demand which should help to drive prices up and help homes sell faster. New listings on the market are up 1.8%. The average sales price was up 11.5% to $293,972 in October. Sales are up 14.4%. 1266 homes sold in the Pikes Peak region in October.

The median single family sales price is also up 8.8% compared to October 2015 (same ...