Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

All statistics are courtesy of Empire Title of Colorado Springs.

June 22, 2019

May 2019

2019 YTD vs. 2018 YTD - Empire Title's Summary Page for MAY 2019 MLS Stats.
• Average Price UP 4.7%
• Median Price 
UP 5.4%
• Residential Units Sold 
Down 0.6%
• Inventory Levels 
Up 17.2%
• Number of Listings 
Up 10.6%
 Foreclosures 
Down 3.1%
• Average Days on Market: 25
• Interest rates 
Up 3.99%

*This information is deemed reliable, but not guaranteed. It is intended to show market trends and should not be used to evaluate individual properties. Sources for this information include but are not limited to: El Paso County Clerk and Recorder, El Paso County Public Trustee, Empire Title of Colorado Springs LLC, the Pikes Peak Multiple Listing System. 
 

Additionally please find attached (just above my signature below) please find a spreadsheet which shows year over year trends for the last 10 years with respect to ACTIVE LISTINGS, AVERAGE SALES PRICE AND MEDIAN SALES PRICE within our local MLS system.  

If you have any questions with this information or any other related topic please reach out and let me know.  I am here to help.  My contact information is below.  And hoping that you are having a very successful year thus far!  Keep up the good work!
Posted in Market Updates
May 31, 2019

Homes For Sale in Flying Horse

Search all Homes for Sale in Flying Horse

Posted in Homes For Sale
May 9, 2019

April 2019

Hello everyone, this is my first blog entry ever.  I am doing some research for a client and reading the real estate stats and it occurred to me that I should be sharing this information with my clients.

 

In its third meeting of this year, the Federal Open Market Committee unanimously upheld its March decision to keep the federal funds rate between 2.25 and 2.5%. The Fed signaled once again that it doesn't plan to cut or raise the rate in the coming months.


APRIL 2019 STATS

2019 YTD vs. 2018 YTD

  • Average Price Up 4.7%
  • Median Price Up  5.89%
  • Residential Units Sold Down 0.7%
  • Inventory Levels Up 22.1%
  • Number of Listings Up 15.1%
  • Foreclosures Down 1.3%
  • Average Days on Market: 31
  • Interest rates Up 4.20%

Seller's Vs Buyers Markets

Posted in Market Updates
July 31, 2017

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Posted in Market Updates