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).
There are 178 condo/townhomes on the market compared to 219 last year at this time. The median price for Condo/townhomes is up 6.9% to $166,108 and sales are up 42.2%.
Cumulative year to date sales for 2016 are up 15.9% and the average price is up 6.4%. Average Days on Market is 35.
Rates are incredibly low and prices are moving upward. This is a great time to sell and/or buy. It is also a great time to buy that investment property. Visit our website at www.lutherbenson.com to view all listings on the MLS
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.
INSIDE YOUR HOME:
OUTSIDE YOUR HOME:
These simple steps can do wonders to enhance your home in the eyes of buyers and maximize the profit of your home sale.
Choose your Agent wisely. Any agent will show enthusiasm and will want to list your house for sale but choose your agent based upon;
Working with a full time professional real estate agent is a must. Choose your agent by asking questions of him or her. Find out how knowledgeable they are about houses currently for sale in your price range and also of houses that have recently sold. Can your agent recommend a good lender that has the reputation of excellent customerservice and low rates to assist your new buyer with financing? A good listing agent can get your house sold quickly at TOP DOLLAR and help you find a new home.
For prompt, courteous, professional service, call Luther Benson:
Visit my web site at: www.lutherbenson.com
Have questions, need advice you can count on or just want to discuss this further?
Don’t waste any more time; pick up the phone and call me now! I’m here to help!
I appreciate you as a client and a friend. I appreciate your business, your loyalty, trust and your referrals. It is my goal to provide the very best counsel, advice and service possible for your real estate needs. If I may ever be of assistance to you, a relative, friend or co-worker please don’t hesitate to call me. I look forward to the opportunity to serve you.™