While there was a big jump in average sold price and number of closed sales over last year, the extremely low number of homes in inventory is actually holding back the sales levels.
How could the sales of homes in Old Farm actually be DOWN from 2014 to 2015? The answer is that there weren’t enough homes to sell! We have opened the year with only 3 homes on the market in Old Farm, which makes it kind of hard for buyers toRead More →
Old Farm home sales were very active this summer! Not only did average prices increase in the local area since the spring, they increased more rapidly year over year than Colorado Springs as a whole. (Old Farm increased 8.6% from 2014 while Colorado Springs increased 5.6%.) This was all whileRead More →
You may have seen the March article in the Gazette (featuring a sign and some quotes from yours truly!) about how the Colorado Springs real estate market has really heated up to become a SELLER’S MARKET. This is still very true and certainly true in Old Farm. As you canRead More →