How are market conditions in the Pikes Peak region today?
As a Colorado Springs Realtor group, we want to give you a quick summary of the local real estate market. Providing a small discussion for your information.
If you are a real estate investor, Colorado Springs may be a market for you to consider over the new few months. Conditions are pretty good for buyers...
This summary is based on information observed by Colorado Springs REALTORS, new homes groups, and individuals connected to real estate in Colorado Springs.
Homes For Sale In Colorado Springs:
The Colorado Springs homes sale season has begun. For many buyers, this will more than likely be a great time to purchase. For sellers, this could be a time filled with ups and downs. Here are some numbers concerning Colorado Springs and the metro area....
The market finally cracked 1000 units sold recently. More than 20% fewer units closed in 2007 than in 2006 for the month of May. There are more than 6500 single family homes for sale in Colorado Springs, more than 20% higher than 2006.
So, for Colorado Springs buyers, this could be one great season. The level of competition to sell a home has never been this high in Colorado Springs! If you have questions about Colorado Springs commercial real estate please contact Mike Stuard.
Stay tuned for part 2 of this Colorado Springs real estate report coming soon......
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