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The number of homes sold was up 29.2% in February. There are currently 3035 active single family listings on the market in the Pikes Peak region compared to 3224 last year at this time, which is a 2.9% decrease. New listings on the market were up 12.4%. The average sales price is up 4.6% to $222,375.
The median single family sales price is up 12.6% compared to last year in February (same number of homes sold above as below).
There are currently 348 active condo/townhomes listings on the market compared to 384 last year at this time which is a 9.4% decrease. Sales were Down 12.4% compared to last February. The average purchase price for condo/townhomes was up 20.9% to $158,650.
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.
Luther Benson - Broker/Owner
23 Years of Experience
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