Colorado Springs Real Estate

We continue to see indicators of a strong real estate market, even through the fall season, which is wonderful news! With a new month means new local real estate market conditions in El Paso County, Colorado. Check out the market insights of what October looked like and how it may affect you if you are planning on selling or  buying a Colorado Springs home . Average Days On Market With just over 900 existing single family homes for sale in El Paso County, the inventory is low. The low inventory speaks volumes on the current average days of homes on the market, just averaging at 29 days. Historically, the average is 67 days on the market. If you are considering selling your home, now is the time! There are home buyers waiting for the RIGHT HOME to come on the market. If you would like a specific analysis for your home in your neighborhood, I am happy to provide a custom market analysis for you. Listing vs. Sales Prices We continue to see strong list price vs. sales price as...

We love helping first-time homebuyers navigate the realm of real estate just as much as we love helping buyers get back in when they’re ready to buy something that better suits their needs. 2019 is going to be a whole new ballgame because while we have plenty of buyers, finding homes for them was a bit challenging in 2018. We’re sharing with you a market insight of what the last month looked like in real estate and how it may affect you if you are planning on buying a Colorado Springs home . Home Prices On the Rise Comparing November 2017 to November 2018, we've seen an 8% increase in average sales price this year. Home prices are expected to rise through 2019. Many are predicting that it will be slower this year than last. If you’re wanting to buy a home, NOW is the time to start looking. It may take some time to find what you’re looking for, so you’ll want to have your finger on the pulse early. When you’re ideal home pops up, you’ll want to have everything in order already...

"Buyers' market" and "sellers' market"... If you've ever come within ten miles of the real estate market, you've probably heard some of these (and other) real estate buzzwords used frequently. What do they really mean, though, and what impact can they have on you as your try to buy or sell your home in Colorado Springs ? The MacGuire Team is here to help you understand the differences and how to use them to your advantage. Buyers' Market In a buyers' market, the number of homes for sale in Colorado Springs greatly outweigh the number of prospective home buyers. With so many homes available, buyers are able to be more selective about the homes they pursue. Since the homes available are in greater competition with one another to be sold, the sellers may be forced to drop the price or add other incentives if they want to sell their homes quickly. This situation is called a "buyers' market" because buyers get to enjoy th...