TUESDAY REAL ESTATE NEWS FOR THE WEEK ENDING MAY 13TH 2024


 
REAL ESTATE MARKET WATCH WEEK ENDING MAY 13TH 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 352 new active listings.  84 homes came back on the market. This gives us 436 new active listings for this week.
This week we have 156 homes under contract, 210 pending for a total of 366 homes off the market. This brings us to a positive in inventory by plus 70 this week. 
Price decreases were at -351 this week.
Withdrawn-21, cancelled-35 and expired-15 which leaves us with another 71 homes off the market this week.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= 331. Homes sold this week were at 250 which gives us minus 81 week over week.

Real Estate Market Watch Pikes Peak MLS 5-13-2024

 



Check out Will Michaloski Interest Rate Update from VIP Mortgage:

Here is the video for this week. Rates are slightly better and that has a little to do with stronger demand for 30 year bonds on the bond market. Right now the attitude is wait and see as our next inflation report is next week, and the expectations are that that report will be about the same as last month. If that happens, or we get a slight improvement, then that would allow for a little more improvement from there.



Check out this weeks activity on Single Family and Patio Homes located in El Paso County and Teller County Colorado for the week ending May 9th 2024. All active Single Family and Patio Homes 1,873 thats up by plus 37 week over week. Sold Single Family and Patio Homes in El Paso and Teller Counties 170 thats minus 49 week over week.tuesday news may 13th 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 416 thats plus 10 week over week. All sold Condos and Townhomes El Paso and Teller Counties this week are at 23 thats minus 11 week over week.

 conods may 10th tuesday newsHomes available for sale located in The Glen At Widefield Colorado Springs CO 80925

The Glen At Widefield 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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