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 can see more completely below, there are only 7 active listings as of April 30, 7 under contract, and 12 closed sales since the beginning of last year. Across the entire region we only have a 2.4 month supply of homes. If you have considered selling over the last several years but have held off because either prices were not favorable enough or you were afraid it would take too long, now may be your time to move on!
Based on information from the Pikes Peak REALTOR Services Corp. (“RSC”), for the period 1/1/05 through 4/30/15 . RSC does not guarantee or is in any way responsible for its accuracy. Data maintained by RSC may not reflect all real estate activity in the market.” Copyright © 2015 REALTOR® Services Corp. Questions about this data analysis should be directed to Rick Van Wieren, RE/MAX Properties, Inc, 1740 Chapel Hills Dr, Colorado Springs, CO 80920 ph 719-331-7675 or email rick@ricksellscolorado.com.