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spring 2017 Market update

 

local home sales spike 56% in march

 strongest spring selling season on record

Your favorite REALTORS are revving our engines, buckling our seatbelts, and ordering more of those snazzy Berkshire Hathaway yard signs. Our real estate market is red hot, and homes are getting snapped up as fast as we can list them.   

After a slight dip in February, sales came roaring back in March.  A record total of 1,247 homes sold in the Pikes Peak region last month, a 55.9% increase from February, and at an average price of nearly $300,000 with most sellers getting 100% of list. For more details download the

El Paso CO March 2017 Sales Charts.

Year to date home sales are just slightly ahead of 2016, but the frenzy of competing buyers and number of under contract properties tell us that sales will remain strong, inventory will stay low, and prices will keep going up. 

Nationally, the spring selling season started a month earlier than usual, according to REALTOR.com, listing Colorado Springs at #7 on the list of the nation's hottest markets, just behind Denver at #4.

                                             meet the ones who get it done: 

                                            Wayne, Sylvia, Debra, Marion

                                                    Dana, Toby, Kym, Janet

                                                   Gretchen, Erika, Ron

I'm thinking of selling. What's my home worth?

  

With local home prices up 11-12% in El Paso County, the average home is worth $32,000 more than this time last year.  There truly has never been a better time to move up, move out, or move on.  

Contact us today to find out what your home is worth in today's market, or click on the link below to request a free market analysis.

REQUEST MARKET ANALYSIS

Celebrate Cinco De mayo With Us

cinco de mayo is a day for celebration, and it's also the date of our next  first friday artwalk open house.

join us may 5, 2017 from 5:00-7:00 pm  at  216 N Tejon st as we   celebrate local art and culture.  While you're here, be sure to visit some of  downtown's great shops, galleries and restaurants.

xvm

featured listing

34 W. Monument St #504 $950,000

Our featured listing is urban living at its finest.  This luxurious 2,432 sq ft corner penthouse overlooks Monument Valley Park, with huge windows that frame stunning Pikes Peak and front range views. The sleek contemporary design features clean lines and exquisite finishes in every room. 3 bedrooms, 2 baths, gourmet kitchen, secure entry, and 2 car garage. Call Sylvia Jennings at 719-491-1116 for a private showing.    Property Website & Virtual Tour   

We work in every neighborhood and price range, and we sell more homes over $1 million than any other company in southern Colorado.

Berkshire Hathaway HomeServices Rocky Mountain, REALTORS
Your Trusted Colorado Realtors
(719) 635-7653 | wayne@peakdream.com |

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216 N. Tejon Street Colorado Springs, CO 80903

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