The Beginning of Fall

The Beginning of Fall

fall version II

You can tell Fall is around the corner.  Kids are back to school.  The nights are cooler now.  The morning sun rises a little later.  Soon leaves will turn their brilliant shades of gold and yellow.  What does this change of season mean for the housing market?  Well, historically Fall means a slower pace for home sales.  When families are focused on school and holidays and cooler weather, home sales usually diminish.

 

However, with 2015 being a record year for housing, it will be interesting to see just how quiet the Fall season is this year.  Here is a snapshot of what we saw through the end of August in the Pikes Peak area housing market:

*Home Sales January to August          UP 20% from last year

*Average Sales Price of a home          UP 7% from last year

*Condo/Townhome Sales January to August       UP 35% from last year

*Average Sales Price of a condo/townhome        UP 3% from last year

*Total Homes for Sale (inventory)     DOWN 17% from last year

*Total Condos/Townhomes for sale   DOWN 26% from last year

See how Q2 2015 wrapped up in our market report.

 

 

 

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Homes for Sale in Colorado Springs, Colorado Springs Real Estate

Phone Number:

719.388.4000

Address:

Springs Homes
703 N. Tejon St. Suite E
Colorado Springs, CO 80903

Meet Springs Homes

There is nothing average about Springs Homes. Everything we do crackles with intention and intensity, because we believe that strategy always wins when employed by confident, knowledgeable and trustworthy agents.

We list and sell homes across the entire Pikes Peak region. Additionally, Springs Homes offers property management services. We work with a select few home builders in order to provide our clients with new construction options as well as resale opportunities.

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