The Gazette published an article stating the number of homes sold in the Pikes Peak region was down 9.7% in January, but if we remember January 2013 sales were up 40% over January 2012. That is still a 30% gain from where we were just 2 years ago. There are currently 3228 active single family listings on the market in the Pikes Peak region compared to 2930 last year at this time a 10.2% increase. New listings on the market were down .7% .The average sales price is up 3.1% to $227.525.
The median single family sales price is up 3.4% compared to last year in January (same number of homes sold above as below).
There are currently 352 active condo/townhomes listings on the market compared to 335 last year at this time which is a 5.1% increase. Sales were up 4.1% compared to last January. The average purchase price for condo/townhomes was up 19.6% to $171,767.
Rates are still 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.
Luther Benson - Broker/Owner
23 Years of Experience
For a Free List of Distressed Homes go to:
For a list of all available homes on the MLS go to:
Learn the 7 costly mistakes buyers and sellers make on my web site:
The highest form of compliment I can receive is your trust by referring me to your family, friends and co-workers. I promise to provide exceptional service, respect and care to you or anyone you may refer.