TUESDAY REAL ESTATE NEWS FOR THE WEEK ENDING MARCH 18TH 2024


 
REAL ESTATE MARKET WATCH WEEK ENDING MARCH 18TH 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 298 new active listings. 74 homes came back on the market. This gives us 372 new active listings for this week.
This week we have 156 homes under contract, 196 pending for a total of 352 homes off the market. This brings us to a positive in inventory by +20 this week. 
Price decreases were at 237 this week.
Withdrawn-13, cancelled-42 and expired-10 which leaves us with another 65 homes off the market this week.
Now the most important aspect of this is the homes sold last week 228. Homes sold this week were at 231 which gives us plus 3 week over week.

Real Estate Market Watch Pikes Peak MLS March 18 2024

 



Check out Will Michaloski Interest Rate Update from VIP Mortgage:

Rates did go up in response to the inflation report. The expectation is that inflation would go up 1.1% and the actual amount was 1.6% Next week the Fed will give a 3 month update. The last time they did that was December and that is when they said the median projection for 2024 was going to be 3 rate cuts. So we will be watching to see if they change their forecast.

Check out this weeks activity on Single Family and Patio Homes located in El Paso County and Teller County Colorado for the week ending March 15th 2024. All active Single Family and Patio Homes 1,400 thats up by plus 11 week over week. Sold Single Family and Patio Homes in El Paso and Teller Counties 144 thats plus 2 week over week.tuesday market news single march 15 24Check out this weeks activity for Condos and Townhomes located in El Paso and Teller Counties Colorado. All active Condos and Patio Homes are at 342 thats plus 7 week over week. All sold Condos and Townhomes El Paso and Teller Counties  this week are at 22 thats plus 1 week over week.

 tuesday real estate news march 15th 24 condos

Homes available for sale located in Meridian Ranch, Peyton , CO 80831

Meridian Ranch 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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