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Found 10 entries about Market Statistics.

DETAILS:

  • SOLD!
  • $330,000 MLS 6553811
  • 2 Bedroom, 2 Bathroom
  • 1465 Square Feet
  • 2 Car Attached Garage
  • Recent Upgrades and Improvements
  • Great Location In Pinon Springs
  • Pool, Exercise Room and Clubhouse

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Welcome home to this well-maintained end unit in desirable Pinon Springs! This 2 bedroom, 2 bathroom condo has a great layout with views of Pikes Peak from the front deck! Recent improvements include updated bathrooms, new light fixtures, new windows and fresh paint. Solid oak hardwood, laminate and ceramic tile flooring throughout. The furnace, electrical panel and water heater were recently upgraded as well! Enjoy year-round access to the exercise room with a heated pool/hot tub and a spacious…

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DETAILS:

  • SOLD!
  • $455,000 MLS 7318803
  • 3 Bedroom, 2 Bathroom
  • 1211 Square Feet
  • Great Tri-Level Floorplan
  • Deck & Storage Shed
  • Great Location
  • Beautiful Views & Privacy

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Location - Location - Location! Popular Tri-Level floor plan in Oak Valley Ranch at Mountain Shadows. Terrific mountain views out the front and beautiful nature views and privacy to the back. Master bedroom has an attached 3/4 bathroom and there is an additional full bathroom with 2 more bedrooms upstairs. The family room features a wood burning fireplace and the main level walks out to the big deck out back. Washer and dryer included! Newer fencing in the back yard and the master bathroom has recent updates as well. Beautiful location,…

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DETAILS:

  • SOLD!
  • $445,000 MLS 3749306
  • 4 Bedroom, 2 Bathroom
  • 1808 Square Feet
  • Great Bi-Level Floorplan
  • Huge Backyard
  • Great Location in Garden Ranch

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Popular floor plan in a fantastic location with great views of Pikes Peak! The inside living space is comfortable and roomy with newer flooring and lots of natural light. The huge backyard provides a "park-like" setting with plenty of of trees, privacy and updated landscaping. There are also 2 large decks to enjoy! The upper deck is partially covered and lower deck gets lots of sunshine. Lovely area of Colorado Springs - close to shopping and schools, this is your opportunity to get into a great neighborhood that's close to all of what's important.

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DETAILS:

  • SOLD!
  • $430,000 MLS 2881821
  • 4 Bedroom, 3 Bathroom
  • 2150 Square Feet
  • Open Layout | Tri-Level
  • 4 Car Garage RV Parking
  • Central Air, Gas Fireplace
  • 1.27 Acre Lot

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Take a look at this amazing fully remodeled home located in Pueblo West on 1.27 acres! This home has 4 bedrooms, 3 baths and an oversized 2-car attached garage - plus an additional 2-car tandem garage with covered RV Parking! The yard is xeriscaped for easy maintenance and brand-new perimeter fencing was just installed around the entire lot. The gourmet kitchen features plenty of counter space, a center island, beautiful solid surface flooring, and plenty of natural light. The Master bathroom has lots of room with an attached bathroom…

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Even before the start of the Covid-19 pandemic, we've seen a strong seller’s market in Colorado Springs. Sales for newly constructed homes are up, and existing homes are often selling above their asking price. Bidding wars between potential home buyers are common in the hot real estate market, but the August 2021 numbers are indicating the housing market is showing signs of cooling off.

A report from the Pikes Peak Association of Realtors (PPAR) shows the number of available homes for sale are down 6.1% from the previous year. The number of single-family homes are also down, but August 2021 still saw the second number of sales slightly behind July of 2020. The housing market may be slowing slightly and giving more buyers a chance to finally secure…

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July saw another active month in the Colorado Springs real estate market. The COVID-19 pandemic and zombie apocalypse isn't having any real affect on the housing market in Colorado Springs. In fact, it was a bit of a perfect storm! Buyers were able to take advantage of record low interest rates and sellers were able to take advantage of record low inventory.

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  • In July, the total number of closed sales was 1825, up 4.1% from 1753 in June.
  • The median sales price in July increased to $365,000. Up 4.3% from $350,000 in June.
  • Average days on the market in July remained unchanged at 17 days.
  • The average list price in July was $416,280, up 0.14% from 415,680 in June.
  • The total number of new listings in July was 1958, up 6.2% from 1844 new…
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Home buyers can expect a triple whammy in 2019 with a continuing tightly competitive market (low supply), higher prices, and an interest rate increase. But all is not lost in the 2019 Colorado Springs real estate market. There are several welcome developments for home buyers and mortgage borrowers. New construction will include more affordable entry-level homes and mortgage lenders are easing the qualification requirements for loans. First time home buyers are getting much-deserved attention now in the real estate market, more so than ever before.

Below, is a list of housing and mortgage trends for 2019.

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Need More Homes

The lacking supply of homes for the market will continue to lag in 2019, but it’s not expected to worsen. The number of…

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The most recent numbers show another strong quarter for the Colorado Springs housing market.

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Compared to Q3 of 2017, the total number of listings and days on the market remained virtually identical. Homes priced between $300k-$500k along with the $1million+ market gained momentum, but the number of units sold under $300k declined by 26% due to the extreme lack of inventory.

One interesting indicator during this quarterly cycle is the median sales price. Although our local market values have increased another 11% over the same period last year, the current median sales price is down 2% compared to Q2 of 2018.

Keep An Eye On Interest Rates

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Mortgage interest rates also continue to rise. According to Freddie Mac, the average rate for a 30-year…

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If you've ever wanted to live in a place with wide open spaces, gorgeous scenery, and very little humidity, you should consider moving to Colorado. If you want to enjoy city life while being mere steps away from some great hiking spots, like Garden of the Gods, definitely consider Colorado Springs.

Of course, before you jump in with both feet, you should do a little research on the Colorado Springs real estate market. It's important for you to determine if this is the right investment for you. To help you find the information you're looking for, we did the research for you. Keep reading to learn about current home prices in Colorado Springs.

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Why You Should Consider Investing in the Colorado Springs Real Estate Market

Before we get into the…

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The strong sellers' market continues in Colorado Springs but home buyers are starting to see more relief compared to the first quarter of 2018. Mortgage rates are a key factor to the slight cool off, having gained 60 basis points (.6%) since the start of 2018 but they have also remained relatively flat for the past 5 weeks.

Colorado Springs Real Estate Market Update

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Overall listings in Q2 were still nearly 6% lower than the total count from a year ago, but compared to the 14% deficit we saw in the first quarter of 2018, the "white hot" market could now be described as a "red hot" market.

Appreciation continues to be good to home sellers. The median sales price for residential property in El Paso County is now $303,000, up nearly $20,000 since Q1…

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