Prices are up just slightly in Old Farm– with the average sold price up 2.35% and the median price up 1.41%. Sales are down in August compared to last year by about 22.22%. However, the average time on market is still extremely low with an average of 8 days. HomesRead More →
Homes are selling fast in Old Farm! The average time on market was only 7 days for the month of June! Home prices are up again, with the average price increasing 7.73% and the median price increasing 10.14%! Currently there are 9 homes for sale in your neighborhood and 7Read More →
Homes are moving fast in Old Farm! The average time on market was only 4 days! This means homes are going under contract in 4 days or less. Home prices are up over 11% for Old Farm! This is great news for homeowners, as you could have even moreRead More →
Watch the video below to get the full scoop! Here is a brief summary of some of the April data: Sales up 2.6%% at 1,320 units Average price up 6.6% at $371,353 Median price up 7.5% at $328,000 Inventory of unsold homes up 3.2% at 1,568 homes Months supply ofRead More →
Home prices and sales are up for Old Farm! Homes under the Colorado Springs median of $315,000 are selling extremely fast! In your neighborhood, the average days on market was only 31 days! If you are looking to sell your home and upgrade, now is the time to do it!Read More →
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.Read More →
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 →