TUESDAY REAL ESTATE NEWS FOR THE WEEK ENDING FEBRUARY 19TH 2024
REAL ESTATE MARKET WATCH WEEK ENDING FEBRUARY 19TH 2024
THIS IS FOR THE ENTIRE PIKES PEAK MLS TO INCLUDE SINGLE FAMILY HOMES, PATIO HOMES, CONDOS AND TOWNHOMES.
Let's talk about new listings for this week. We had 266 new active listings. 45 homes came back on the market. This gives us 311 new active listings for this week.
This week we have 138 homes under contract, 174 pending for a total of 312 homes off the market. This brings us to a negative in inventory by -1 this week.
Price decreases were at 182 this week.
Withdrawn-17, cancelled-29 and expired-15which leaves us with another 61 homes off the market this week.
Now the most important aspect of this is the homes sold last…
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