TUESDAY REAL ESTATE NEWS FOR THE WEEK ENDING MAY 20TH 2024

REAL ESTATE MARKET WATCH WEEK ENDING MAY 20TH 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 407 new listings.  69 homes came back on the market. This gives us 476 new active listings for this week.
This week we have 171 homes under contract, 201 pending for a total of 372 homes off the market. This brings us to a positive in inventory by plus 104 this week. 
Price decreases were at -350 this week.
Withdrawn-23, cancelled-54 and expired-27 which leaves us with another 104 homes off the market this week.
Now the most important aspect of this is the homes sold last week= 250. Homes sold this week were at 274 which gives us plus 24 week over week.

Real estate Market watch May 20 2024 Pikes Peak MLS

 




Check out Will Michaloski Interest Rate Update from VIP Mortgage:

Rates are better again this week. Inflation came in slightly better than expected, which breaks up the trend so far this year. This week the bond market will show us if current pricing levels are in line or if pricing can improve more from here.


Check out this weeks activity on Single Family and Patio Homes located in El Paso County and Teller County Colorado for the week ending May 16th 2024. All active Single Family and Patio Homes 1,8940 thats up by plus 67 week over week. Sold Single Family and Patio Homes in El Paso and Teller Counties 180 thats plus 10 week over week.tuesday news may 20th single famCheck out this weeks activity for Condos and Townhomes located in El Paso and Teller Counties Colorado. All active Condos and Patio Homes are at 430 thats plus 14 week over week. All sold Condos and Townhomes El Paso and Teller Counties this week are at 31 thats plus 8 week over week.

 tuesday news condos may 20th 24Homes available for sale located in Indigo Ranch at Stetson Ridge Colorado Springs CO 80923

Indigo Ranch at Stetson Ridge homes for sale



TeamSecundy – RE/MAX Properties Inc.
Brad Secundy 719-339-2233
Tempe Krieger 719-310-3339
Jennifer Blanco 719-650-1356
Tyler Secundy 559-740-3350‬
http://www.movetosprings.com
Posted by Brad Secundy on
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