I keep scratching my head cuz it's Christmas time and home sales have not diminished. Homes are still selling at a record pace. Buyers are still buying. Normally around the holidays we quiet down. I'm not even going to question why we haven't this year. I am just happy and grateful that the market is so good right now. Here is what our Colorado Springs housing market saw last month, November 2014:
SINGLE FAMILY HOME SALES = UP 10.3% OVER LAST YEAR, SAME TIME
AVERAGE SALES PRICE S/F HOME = UP 1% OVER LAST YEAR, SAME TIME
TOTAL HOMES FOR SALE = DOWN 14.8% FROM LAST YEAR, SAME TIME
CONDOS/TOWNHOME SALES = UP 8.9% OVER LAST YEAR, SAME TIME
AVERAGE SALES PRICE OF CONDO/TOWNHOME= UP 2.4% OVER LAST YEAR, SAME TIME
TOTAL CONDOS/TOWNHOMES FOR SALE = DOWN 11.1% FROM LAST YEAR, SAME TIME
I don't know exactly why, but our market is just as strong now as it was earlier in the year. I just hope that everyone still believes in Santa Claus!