TUESDAY REAL ESTATE NEWS FOR THE WEEK ENDING MARCH 25TH 2024


 
REAL ESTATE MARKET WATCH WEEK ENDING MARCH 25TH 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 300 new active listings. In 58 homes came back on the market. This gives us 358 new active listings for this week.
This week we have 154 homes under contract, 199 pending for a total of 353 homes off the market. This brings us to a positive in inventory by +5 this week. 
Price decreases were at 249 this week.
Withdrawn-25, cancelled-29 and expired-12 which leaves us with another 66 homes off the market this week.
Now the most important aspect of this is the homes sold last week= 231. Homes sold this week were at 221 which gives us minus 10 week over week.

Real estate Market Watch March 25th 2024 Pikes Peak MLS

 



Check out Will Michaloski Interest Rate Update from VIP Mortgage:

Rates improved this week enough to make up for the amount that the went up last week. The Fed said they still plan to cut rates 3 times in 2024 for a total of 75 basis points. Unemployment was a point of focus and if unemployment gets higher than 4.1% they may cut rates even if we haven’t hit the inflation target yet. Additionally, quantitative tightening is winding down, and that will be good for rates as well.

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 25th 2024. All active Single Family and Patio Homes 1,425 thats up by plus 25 week over week. Sold Single Family and Patio Homes in El Paso and Teller Counties 144 thats equal week over week.tuesday real estate news single fam march 22 24

Check out this weeks activity for Condos and Townhomes located in El Paso and Teller Counties Colorado. All active Condos and Patio Homes are at 346 thats plus 4 week over week. All sold Condos and Townhomes El Paso and Teller Counties  this week are at 25 thats plus 3 week over week.

 tuesday real estate news condos mrach 22nd 24Homes available for sale located in Pint Brush Hills, Peyton , CO 80831

Paint Brush Hills 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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