There are currently 2459 active single family listings on the market in the Pikes Peak region compared to 2429 last year at this time which is a 1.5% increase. New listings on the market are up 5.8%. The average sales price was up 8.2% to $248,279 in February. Sales are up 25.1%.
The median single family sales price is also up 14.8% compared to last year in January (same number of homes sold above as below).
There are 278 condo/townhomes on the market compared to 297 last year at this time. The average price for Condo/townhomes was down 14.3% to $144,165 and sales are up 51.5%.
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 or call us and we can create your own personalized home search!
Luther Benson - Broker/Owner
24 Years of Experience
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