Tuesday Real Estate Update September 16th 2021

Welcome to our Tuesday Real Estate Update for the Colorado Springs and surrounding areas and the Pikes Peak Region for the week ending September 16th 2021.

Year To Date Sold Homes is at 12,733 Inventory of Single family and patio homes is at 1,139 up from a week ago by +15. Single Family and Patio Homes Sales are up from a week ago at 391 versus 344 last week.

Inventory of Condominiums and Townhomes is at 125 up over last week by plus +4, a total of 1,848 units were sold Year To Date and we are minus -5 in sales week over week, 62 this week compared to 67 Last week.

Check out the individual price ranges and activity for single family and patio homes for the week ending September 9th 2021 in the Colorado Springs Housing market Pikes Peak Region.

 1st Price Range $0 – $199,999 Down from last year by -117 Homes Sold YTD

42 Active
36 Pending/Under Contract
214 Year To Date Sold Even with last year
5 Sold Last 7 Days
Average Day On Market 53 Days
Year To Date Sold September 16th 2020 331
Search homes for sale $00.00 to $200,000

2nd Price Range $200,000- $299,999 Down from last year by – 1458 Homes Sold YTD

65 Active
148 Pending/Under Contract
1,118 Year To Date Sold Minus from last year
21 Sold Last 7 Days
Average Day On Market 9 Days
Year To Date Sold September 16th, 2020 2,576
Search homes for sale $200,000 to $300,000

3rd Price Range $300,000 – $399,999  down from last Year by -230 Homes Sold YTD

169 Active
648 Pending/ Under Contract
4,312 Year To Date Sold Minus over last year
129 Sold in the Last 7 Days
Average Day On Market 6 Days
Year To Date Sold September 16th , 2020 4,542
Search homes for sale $300.000 to $400,000

4th Price Range $400,000 – $499,999 UP Over last year by +1,146 Homes Sold YTD 

249 Active
648 Pending/ Under Contract
3,361 Year To Date Sold UP over last year
109 Sold Last 6 Days
Average Day On Market 9 Days
Year To Date Sold September 16th, 2020 2,180
Search homes for sale $400,000 to $500,000

5th Price Range $500,000 – $749,999 UP Over last year by +1,069 Homes Sold YTD

325 Active
612 Pending/ Under Contract
2,767 Year To Date Sold UP over last year
92 Sold Last 7 Days
Average Day On Market 12 Days
Year To Date Sold September 16th, 2020 1,671
Search homes for sale $500,000 to $750,000

6th Price Range $750,000 – $999,999 Up over with last by +257 year Home Sold YTD

126 Active
146 Pending/ Under Contract
629 Year To Date UP over last year
20 Sold Last 7 Days
Average Day On Market 20 Days
Year To Date Sold September 16th, 2020 372
Search homes for sale $750,000 to $1,000,000

7th and Final Price Range $1,000,000 up + 173 Over last year Homes Sold YTD

164 Active
100 Pending/ Under Contract
332 Sold Year To Date Minus over last year
15 Sold Last 8 Days
Average Day On Market 31 Days
Year To Date Sold September 16th, 2020 159
Search homes for sale $1,000,000 plus

Please also check out Will Michaloski with VIP Mortgage Inc. update on Interest rates and what direction they are going.

TeamSecundy – RE/MAX Properties Inc.

Brad Secundy 719-339-2233
Tempe Krieger 719-310-3339
Jennifer Blanco 719-650-1356
http://www.movetosprings.com