A Look at the Latest Colorado Springs Market Numbers

Colorado Springs Area Real Estate Podcast with Tiffany Lachnidt

The latest market numbers spell great things for 2019.

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January’s numbers are finally in, so today we’ll be taking a look at the latest happenings in our Colorado Springs housing market.

We currently have over 1,614 active listings on the market. 902 homes were sold in January 2019, a decrease of 3.4% from the same time last year. Pending sales are currently at 1,460, so I don’t anticipate seeing a decline in sale numbers in February or March.

“2019 is shaping up to be a great year for real estate.

Home values are up 3.4%, currently sitting at about $344,000. While interest rates rose a bit in January, they’ve since come back down to between 4.25% to 4.5% for conventional loans.

These numbers mean 2019 is shaping up to be a great year for real estate. We’re seeing more homes being listed, and the market is still strong for sellers. So if you’re looking to buy or sell a home, feel free to reach out to us. We look forward to hearing from you soon.