TUESDAY REAL ESTATE NEWS FOR THE WEEK ENDING April 1st 2024


 
REAL ESTATE MARKET WATCH WEEK ENDING April 1st 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 274 new active listings.  47 homes came back on the market. This gives us 321 new active listings for this week.
This week we have 169 homes under contract, 185 pending for a total of 354 homes off the market. This brings us to a negative in inventory by -33 this week. 
Price decreases were at 214 this week.
Withdrawn-17, cancelled-31 and expired-40 which leaves us with another 88 homes off the market this week.
Now the most important aspect of this is the homes sold last week= 221. Homes sold this week were at 289 which gives us plus 68 week over week.

Real Estate Market Watch April 1st 2024 Pikes Peak MLS

 



Check out Will Michaloski Interest Rate Update from VIP Mortgage:

Rates are unchanged this week. We got a few more comments that the Fed is still planning to cut rates 3 times this year in spite of the higher than expected inflation. I think we could see the market anticipate the rate cut, so rates might go down before the Fed makes the cut, and then the market will stay steady when the actual cut happens.

Check out this weeks activity on Single Family and Patio Homes located in El Paso County and Teller County Colorado for the week ending April 1st 2024. All active Single Family and Patio Homes 1,455 thats up by plus 30 week over week. Sold Single Family and Patio Homes in El Paso and Teller Counties 134 thats minus 10 week over week.single family april 1st 24 tuesday real estate newsCheck out this weeks activity for Condos and Townhomes located in El Paso and Teller Counties Colorado. All active Condos and Patio Homes are at 349 thats plus 3 week over week. All sold Condos and Townhomes El Paso and Teller Counties this week are at 26 thats plus 1 week over week.

 condos april 1st 24 condos Homes available for sale located in Flying Horse Colorado Springs CO 80921

Flying Horse 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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