Blog

Market Update July 2013
By Luther
August 3, 2013

The number of homes sold was up 23.5% in July. There are currently 4137 active single family listings on the market in the Pikes Peak region compared to 3830 last year at this time an 8% increase. New listings on the market were up 22.3%. The average sales price is up 8.8% to $255,750.

 The median single family sales price is up 6.5% compared to last year in July (same number of homes sold above as below).

There are currently 464 active condo/townhomes listings on the market compared to 453 last year at this time which is a 2.4% increase. Sales were up 41.5% compared to last July. The average purchase price for condo/townhomes was actually down 5.7% to $142,350.

 Our year to date average increase in sales so far is 24.8% and the average purchase price increased 7.3% over last year during the first 7 months of the year.

 Luther Benson - Broker/Owner

23 Years of Experience

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