Wednesday, February 6, 2013

2013 Colorado Springs Housing Market Looking Good

The January 2013 statistics from the Pikes Peak Association of Realtors shows that local housing sales in the Colorado Springs metro area are off to a good start, reinforcing that recovery in the local housing market will continue, and even grow, in 2013.





Some of the January Statistics are:

  • 1,206 new listings of Single Family/Patio homes
  • 1,543 total listings under contract
  • The average sale prices stayed above $205,000 and below $250,000

The total sales--some think this is the bottom line--came in at 660 Single Family/Patio homes for January 2013.

A January 31st Gazette article quotes Bruce Betts, owner of Remax Advantage in Colorado Springs, as saying, "We're going in the right direction."

On February 4th, The Gazette reported that other industry positive indicators are:

  • It took an average of 87 days for homes to sell in January, down from 101 days during the same month last year.
  • There were 2,930 homes listed for sale in January, down 7.2 percent from a year ago and one of the lowest monthly inventories of homes for sale in 12 years.

With mortgage rates at all-time lows and a stable supply of homes for sale, this is a good time for investors in Colorado Springs to buy homes. Contact All Seasons, LLC to find the perfect house for you!


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