TUESDAY REAL ESTATE NEWS FOR THE WEEK ENDING APRIL 8Th 2024


 
REAL ESTATE MARKET WATCH WEEK ENDING APRIL 8th 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 381 new active listings.  69 homes came back on the market. This gives us 450 new active listings for this week.
This week we have 178 homes under contract, 218 pending for a total of 396 homes off the market. This brings us to a positive in inventory by plus 54 this week. 
Price decreases were at 214 this week.
Withdrawn-13, cancelled-43 and expired-47 which leaves us with another 103 homes off the market this week.
Now the most important aspect of this is the homes sold last week= 289. Homes sold this week were at 259 which gives us minus 30 week over week.

Real Estate Market Watch April 8th 2024 Pikes Peak MLS

 



Check out Will Michaloski Interest Rate Update from VIP Mortgage:

Rates moved up a little this week. Not a big change. That is instructive because the news this week that moved rates was the jobs report. That report came in much stronger than expected 100,000 higher in fact. IN the past that has caused a bigger change than we saw this week, and what we learn by looking further into the report is that a significant portion of the jobs created were for folks under 25, and over 55 and were part time jobs. Interestingly Jerome Powel made comments this week that his rate cut decision has nothing to do with the election year. If he is saying that, then he is trying to correct something he is hearing.

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 8th 2024. All active Single Family and Patio Homes 1,497 thats up by plus 42 week over week. Sold Single Family and Patio Homes in El Paso and Teller Counties 196 thats plus 62 week over week.tuesday news april 8th 24 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 369 thats plus 20 week over week. All sold Condos and Townhomes El Paso and Teller Counties this week are at 34 thats plus 8 week over week.

 tuesday real estate news condos april 8th 24Homes available for sale located in Jackson Creek Monument CO 80132

Jackson Creek Monument 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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