TUESDAY REAL ESTATE NEWS FOR THE WEEK ENDING APRIL 22nd 2024


 
REAL ESTATE MARKET WATCH WEEK ENDING APRIL 22nd 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 458 new active listings.  74 homes came back on the market. This gives us 458 new active listings for this week.
This week we have 187 homes under contract, 226 pending for a total of 413 homes off the market. This brings us to a positive in inventory by plus 45 this week. 
Price decreases were at -332 this week.
Withdrawn-10, cancelled-51 and expired-10 which leaves us with another 71 homes off the market this week.
Now the most important aspect of this is the homes sold last week= 253. Homes sold this week were at 245 which gives us plus 8 week over week.

Real Estate Market Watch Pikes Peak MLS 4-22-2024

 



Check out Will Michaloski Interest Rate Update from VIP Mortgage:

Rates are higher again this week. Most of the changes in the bond market came in response to the comments from Jerome Powell, and the New York Fed member John Williams. Powell said that he is no longer convinced that inflation is still heading toward the 2% target, and that it may take longer to reach that goal. John Williams mentioned that additional rate hikes should not be taken off the table, but that is not Powell’s opinion at the moment. Some experts are saying they still think one rate cut could happen this year, but of course that would be later than previously thought.



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 22nd 2024. All active Single Family and Patio Homes 1,642 thats up by plus 68 week over week. Sold Single Family and Patio Homes in El Paso and Teller Counties 149 thats plus 17 week over week.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 401 thats plus 16 week over week. All sold Condos and Townhomes El Paso and Teller Counties this week are at 20 thats plus 1 week over week.

 tuesday real estate news condosHomes available for sale located in Gold Hill Mesa Colorado Springs  CO 80905

Gold Hill Mesa 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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