Tag: home sales
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Home sales in Colorado Springs area jump, but housing market expected to remain flat in 2026
Colorado Springs area home sales jumped in December, even as the number of active listings continued falling month-over-month — signaling a shift in the residential real estate market toward buyers, one local expert said. “We still have plenty of houses and not enough buyers, but the sellers who are leaving are getting kind of motivated,”…
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As market cools, Colorado home prices finally level out
Home prices in Colorado are finally behaving the way that market economics would predict they should, following two years of flat-to-declining real estate sales. They’ve leveled out. That’s according to the newest Market Trends report by the Colorado Association of Realtors. The report shows the median price of a single-family home in the state dropped…
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Colorado Springs housing market positioned for better times in 2025, real estate expert says
Colorado Springs-area home sales that have slumped in 2024 largely because of higher mortgage rates could rebound next year under a new Trump administration as economic conditions improve, borrowing costs moderate and demand for housing increases, one longtime real estate agent predicts. “Some people are going to say, ‘well, maybe it’s time to think about…
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Colorado Springs-area home sales sputter despite listings that reach 9-year high
The supply of Colorado Springs-area homes for sale swelled to a nearly nine-year high last month, an increase possibly driven, in part, by investors who are dumping properties on the market because of tighter government regulations on the rental industry, one local housing official says. At the end of June, 2,974 single-family homes were for…
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Colorado Springs-area home sales sputter in June despite listings that reach nine-year high
The supply of Colorado Springs-area homes for sale swelled to a nearly nine-year high last month, an increase possibly driven, in part, by investors who are dumping properties on the market because of tighter government regulations on the rental industry, one local housing official says. At the end of June, 2,974 single-family homes were for…
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Denver metro’s housing market is a bit ‘unpredictable,’ June report shows
For the first half of 2024, it seemed like the Denver area’s housing market was beginning to bounce back to its regular cycle despite higher interest rates. As sellers became more comfortable putting homes on the market, according to the June Market Trends report from the Denver Metro Association of Realtors, buyers are still taking…
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Metro Denver sees surge of homes on the market ahead of summer
With higher rates, the assumption stood that homeowners wouldn’t want to sell their homes in order to keep their low-interest mortgages locked. But this year is subverting expectations for the metro Denver area’s home sales market. There were more than 9,000 homes on sale at the end of May across the region, according to the…
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Colorado Springs home sales and new construction rebound in February
Colorado Springs-area home sales rose in February for the first time in nearly two years, while the pace of home construction also jumped last month — encouraging signs for the local housing market that’s been battered by higher mortgage rates. The Pikes Peak Association of Realtors’ latest market trends report shows home sales totaled 792…