TUESDAY REAL ESTATE NEWS FOR THE WEEK ENDING March 4TH 2024


 
REAL ESTATE MARKET WATCH WEEK ENDING March 4TH 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 251 new active listings. 69 homes came back on the market. This gives us 320 new active listings for this week.
This week we have 164 homes under contract, 175 pending for a total of 339 homes off the market. This brings us to a negative in inventory by -19 this week. 
Price decreases were at 243 this week.
Withdrawn-23, cancelled-34 and expired-39 which leaves us with another 96 homes off the market this week.
Now the most important aspect of this is the homes sold last week 190. Homes sold this week were at 329 which gives us plus 139 week over week.

Real Estate Market Watch March 4th 2024 Pikes Peak MLS

 



Check out Will Michaloski Interest Rate Update from VIP Mortgage:

Rates are about the same, but the bond market is trending in a positive direction as we try to find the right trading range given the new data. The Personal Consumption Expenditures reading on inflation came out this week, which is the Fed’s favorite measure of inflation. This reading came in exactly in line with expectations, which raises the question now that we have 3 weeks in a row since the CPI inflation coming in higher than expected of data that continues to show that the trend for inflation is pretty steady, and getting closer to the target of 2%.

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 4th 2024. All active Single Family and Patio Homes 1,397 thats down by plus 3 week over week. Sold Single Family and Patio Homes in El Paso and Teller Counties 171 thats plus 27 week over week.

 tuesday market watch march 4Check out this weeks activity for Condos and Townhomes located in El Paso and Teller Counties Colorado. All active Condos and Patio Homes are at 320 thats plus 3 week over week. All sold Condos and Townhomes El Paso and Teller Counties  this week are at 31 thats plus 14 week over week.

 tuesday market watch mar 4


Homes available for sale located in Cordera Colorado Springs Colorado 80924

Cordera 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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