Colorado Springs Real Estate Blog

 

January 2018 Colorado Springs Real Estate Market Statistics Infographic

 

The Colorado Springs Real Estate Market Report for January 2018

According to the new data released by the Pikes Peak Association of REALTORS® for January 2018, the Colorado Springs real estate market is hotter than ever.

The Bottom line:

As the U.S. economy started to slow down this month, we can see signs of a possible slow down in the U.S. housing market in the near future. For now, the Colorado Springs real estate market still looks strong, as we are on track for another record year.

Let's take a look at the January 2018 real estate market for Colorado Springs:

January 2018 Colorado Springs Real Estate Statistics

  • New Listings: 1,163 (Up +16.8% from last year)
  • Sold Listings: 938 (Up +3.2% from
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December 2017 Colorado Springs Real Estate Market Statistics

 

The Colorado Springs Real Estate Market Report for December 2017

According to the new data released by the Pikes Peak Association of REALTORS® for December 2017, the Colorado Springs real estate market is hotter than ever.

The Bottom line:

As we finished out 2017 with another record year of home sales in Colorado Springs, our numbers for December show that 2018 may be even bigger!

Let's take a look at the December 2017 real estate market for Colorado Springs:

December 2017 Colorado Springs Real Estate Statistics

  • New Listings: 8,46 (Up +9.9% from last year)
  • Sold Listings: 1,206 (Up +2.5% from last year)
  • Total Active Listings: 1,350 (Down -12.2% from last year)
  • Median Sales Price: $285,000 (Up +10.6% from last
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12 Pros & Cons of Buying a Home in the WinterIf you ask most real estate agents about the best time to sell your house, you'll likely hear "in the spring and summer months.” In Colorado Springs, our real estate market's overall sales nearly double from winter to summer. For this reason, there is a big difference in sales between these times of the year. 

For most cities, the summer months tend to have many more homes sold than the winter months. This causes some people to think that the summer is the best time to buy or sell, but it's more complicated than that. A townhome downtown might not have a problem selling in the winter, while a 5-acre horse property may have little chance of selling. It really depends on the unique circumstances of each deal.

This article is not meant to persuade you

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November 2017 Colorado Springs Real Estate Market Statistics

 

The Colorado Springs Real Estate Market Report for November 2017

According to the new data released by the Pikes Peak Association of REALTORS® for November 2017, the Colorado Springs real estate market is hotter than ever.

The Bottom line:

As we enter the Winter months, we typically see a 40% slow down in comparison to the busy Summer months. This is reflective in this months numbers, but we are still seeing record sales as compared to previous years. We still have low inventory and rising home prices.

Let's take a look at the November 2017 real estate market for Colorado Springs:

November 2017 Colorado Springs Real Estate Statistics

  • New Listings: 1,080 (Up +14.7% from last year)
  • Sold Listings: 1,255 (Up +4.8% from
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How To Prepare For A Home Inspection

Here's a scary scenario. Imagine you've been busy preparing your home to sell for months. You've been working diligently with your REALTOR, home stager, mortgage lender, and contractor to get everything perfect so that you can sell your home for the most money and move on to your next home. With eager anticipation, you wait for a good offer while your home is on the market and then, you get a great offer!

The excitement is exhilarating. You start thinking about the money that you will make off of your home sale and begin shopping online for your next home. Then, you get an email from your REALTOR showing 9 major items that the home inspector found while examining your property. Your buyers want all these items fixed before they will buy your home,

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October 2017 Colorado Springs Real Estate Market Statistics

 

The Colorado Springs Real Estate Market Report for October 2017

According to the new data released by the Pikes Peak Association of REALTORS® for October 2017, the Colorado Springs real estate market is hotter than ever.

The Bottom line:

October is the month when we see a typical shift from the Summer to Winter season. The days on the market and list price to sold price ratios are still very low though. We are still in a buyer's market with a need for more homes for sale.

Let's take a look at the October 2017 real estate market for Colorado Springs:

October 2017 Colorado Springs Real Estate Statistics

  • New Listings: 1,320 (Up +7.8% from last year)
  • Sold Listings: 1,431 (Up +11.6% from last year)
  • Total Active
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September 2017 Colorado Springs Real Estate Market Statistics

 

The Colorado Springs Real Estate Market Report for September 2017

According to the new data released by the Pikes Peak Association of REALTORS® for September 2017, the Colorado Springs real estate market is hotter than ever.

The Bottom line:

September is the month when we see a typical shift from the Summer to Winter season. The days on the market and list price to sold price ratios are still very low though. We are still in a buyers market with a need for more homes for sale.

Let's take a look at the September 2017 real estate market for Colorado Springs:

September 2017 Colorado Springs Real Estate Statistics

  • New Listings: 1,442 (Up +3.3% from last year)
  • Sold Listings: 1,509 (Up +8.5% from last year)
  • Total Active
2 Comments

Professional Marketing is the Secret Sauce that Sells Real EstateWhen I first started in real estate, I was taught that the most important elements of selling a home were 1.) Price and 2.) Condition. After working in the industry for many years now, I disagree. In my experience, MARKETING is equally important when selling a home.

All 3 elements are important:

  1. Price
  2. Marketing
  3. Condition

There are more options to marketing a home than ever before, which is why marketing your home properly has never been more important to sell it for the most amount of money. The way a home is displayed online determines how much attention it gets and how people feel about it in comparison to other homes online.

Professional marketing is the secret sauce that sells homes for top dollar!

I’ve seen homes that

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August 2017 Colorado Springs Real Estate Market Statistics

 

The Colorado Springs Real Estate Market Report for August 2017

According to the new data released by the Pikes Peak Association of REALTORS® for August 2017, the Colorado Springs real estate market is hotter than ever.

The Bottom line:

August is the month when we see a typical shift from the Summer to Fall season. The Days on the Market and List to Sold Price Ration show the activity from all of the contracts written in the end of Summer, while the New Listing stat shows the slow down in current activity for the Fall season. It's the natural progression of our selling season, but our stats are still very impressive for this time of year.

Let's take a look at the August 2017 real estate market for Colorado Springs:

August 2017

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July 2017 Colorado Springs Real Estate Market Statistics

 

The Colorado Springs Real Estate Market Report for July 2017

According to the new data released by the Pikes Peak Association of REALTORS® for July 2017, the Colorado Springs real estate market is hotter than ever.

The Bottom line:

 July was another month of low inventory and increased sales prices. Our median sales price is over 10% higher than this time last year. As this strong seller's market continues, home prices continue to rise in the area.

Let's take a look at the July 2017 real estate market for Colorado Springs:

July 2017 Colorado Springs Real Estate Statistics

  • New Listings: 1,943 (Up +0.06% from last year)
  • Sold Listings: 1,646 (Up +10.8% from last year)
  • Total Active Listings: 2,366 (Down -14.9% from
3 Comments