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).
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.