We continue to see signs of the market slowing slightly, but there's no indication of any sort of market crash. Yes, we have more new listings go on the market in October than this time last year (up 2.4%) but less sales overall (down 5.3%) year-over-year. As our prices have continued to climb drastically over the last few years, and even an adjustment and leveling out will still prove to be above average appreciation percentage for homeowners. At this time last year, the largest percentage of sales was in the $300,000-$400,000 range and this October, it was $400,00-$500,000 with 36% of sales. The average sales price jumped $77,703 from this time last year! If you're thinking of buying, waiting another year could mean the difference of being affordable or priced out of the market.
Contact an experienced REALTOR® to help you navigate buying or selling in this market. We sell in EVERY area, and EVERY price range.
real estate tips
Understanding Home Warranties
There are many home warranty companies available to choose from and they all offer slightly different packages, programs, and coverage. First, you need to understand the basics of a home warranty so you can compare plans and assess which home warranty is right for you. Plus, understanding the specifics now will help you process a claim quicker and not have any surprises when you need to use your coverage. Read More
FEATURED Properties
1232 County Rd 143 $1,900,000
197 acres with mountain views, existing buildings, and endless options for redevelopment! The former Shadow Hills Golf course has a 10,000 sq ft clubhouse featuring restaurant/banquet space w/ 2 fireplaces, bar with sun room area & outside seating, elevator, locker rooms, restrooms, offices, golf shop, in-ground outdoor pool + more.
Located in the Central Business District of Florence on Highway 115, this retail store with warehouse space is perfect for a new or existing business! Complete with loading doors in front and back, off street parking, and an additional attached lot for expansion!
SOLD in 5 days for $60,000 over asking price! Spectacular, unobstructed Front Range views! New hardwood flooring, exquisite kitchen, fireplace, beamed ceiling, new carpet, new tile and vanities. 2 bed/ 2 bath, apprx 1250 sf w/ covered parking. Quaint & private rear covered patio, community pool, tennis court + manned front gate.
Downtown Colorado Springs continues to grow and create more great spaces for people to live, work and play. Along with this tremendous growth is the addition of services and conveniences. Did you know you could buy everything from a bouquet of flowers to guitar strings, all in downtown? Take a look at our go-to list for things you may not even realize you could find just around the corner. Read More
We know, sometimes you just wonder "What would my house sell for?" when you see multiple listings on your street going under contract in just days! Let us take a personalized look at your home to provide an estimate of what your home could sell for right now based on other sales in your area.
Whether you are ready to rightsize, behind on your mortgage payments, or simply ready for a home that fits your needs better, we'd love to be a trusted partner to help you through the process.
