There are currently 1643 active single family listings on the market in the Pikes Peak region compared to 1932 last year at this time, which is a 15% decrease. Fewer listings, creates more demand which is driving prices up and helping homes sell faster. New listings on the market are up 8.9%. The average sales price was up 10.1% to $317,368 in November and Sales are up 4.9%.
The median single family sales price is up 9.1% compared to November 2016 (same number of homes sold above as below).
There are 100 condo/townhomes on the market compared to 178 last year at this time, a 43.8% decrease. The median price for Condo/townhomes is up 12.6% to $187,000 and sales are actually down 8.2%.
Cumulative year to date sales for 2017 are up 7.5% and the average price is up 9.7%.
Luther Benson - Broker/Owner
Access Real Estate Professionals Inc.
27 Years of Experience
Over $95,000,000 sold
For a list of all available homes on the MLS go to:
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