Colorado Springs Real Estate

We continue to see indicators of a strong real estate market, even into 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 September looked like and how it may affect you if you are planning on selling or  buying a Colorado Springs home . Average Days On Market While inventory is increasing, the average days on the market is still very low at just 26 days, compared to the historically recorded 67 days. Because of the lack of inventory, and steady increase of motivated buyers, homes are still selling quickly. This is great news for the seller who's hoping to move their property quickly. Listing vs. Sales Prices We continue to see strong list price vs. sales price as sellers are receiving an incredible 99.9% of their asking price. The historical average is 96.3% for the El Paso County area within this time of year. Inventory being low is playing a factor i...

We're onto another month in the real estate world, and with a new month means new local real estate market conditions in El Paso County, Colorado. Check out the market insights of what January looked like and how it may affect you if you are planning on  buying a Colorado Springs home . Average Days On Market As of January, we saw a lower average of inventory sitting just 46 days on the market, compared to the historically recorded 67 days. This means homes are selling more quickly historically, but compared to last month, about a week longer on the market. Low inventory tells us this quicker sell time could continue until the market sees a surge in available properties for sale. This is great news for the seller who's hoping to move their property quickly. Listing vs. Sales Prices Sales prices as of January have been just a hair under listing prices, averaging at 99.2%. The historical average is 98.3% for the El Paso County area within this time of year. Inventory bei...

In a world full of amazing technology, we're accustomed to being able to jump online and find out pretty much anything we need to know at any given time. But when it comes to selling your Colorado Springs home , there really is something to be said for the old fashioned way of doing things. Having an experienced broker on your side can help in more ways than you might think. Many people go to the internet first when they're considering listing their home for sale. They want to see how much their home is worth and whether it's a good time to list. So, they check out their home's value using tools such as the Zillow Zestimate calculator. But, what is a Zestimate and how accurate is it? What is a Zestimate? The Zestimate® home valuation is Zillow's estimated market value, computed using a proprietary formula. It is not an appraisal. It is a starting point in determining a home's value. The Zestimate is calculated from public and user-submitted data, taking ...