Results for: colorado springs

Colorado Markets See Double-Digit Declines in Active Inventory

Wide range of local ingredients are flavoring housing markets across the metro area and state Contact:  Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO. – Nov. 12, 2019 – The anticipated seasonal slowdown in the housing market’s new listings has been met with strong pending/under contract numbers creating 13-20 percent declines in the inventory of active listings across the...

Springs Housing Market Stays Strong Amid Seasonal Challenges

“September 2019 was another strong month for the Colorado Springs-area housing market for single-family/patio homes,” Colorado Springs REALTOR Jay Gupta said. “ “Our average sales price was $368,430, with the median sales price of $325,500, and a 1.5-month supply of inventory,” Gupta said. “Since buyers generally purchase properties offering competitive values, 42 percent of El Paso and 31 percent of Teller...

Colorado Association of REALTORS® honors Bob Fullerton as REALTOR® of the Year; Select members throughout state also honored for distinguished service

  Bob Fullerton, managing broker for ERA New Age in Rifle, Colo., was named Colorado REALTOR® of the Year by the Colorado Association of REALTORS® (CAR) at its 99th annual convention in Beaver Creek, Colo.   The award is the most prestigious award given to a CAR member and is a culmination of a distinguished career within the REALTOR® organization—...

Colorado Association of REALTORS® Announces 2019-2020 Leadership; Janene Johnson Installed as Chairman

The Colorado Association of REALTORS® (CAR) installed its 2019-2020 Leadership Council during the organization’s 99th annual State Conference in Beaver Creek, Colo. last week.      Janene Johnson, broker/owner of Real Estate of Winter Park in Winter Park, Colo. was inducted as chairman of the Colorado Association of REALTORS®, a role she will assume from Dec. 1, 2019 through Nov....

September Housing Market Trends: Home Sales Decline as Colorado Housing Markets Work to Find Their Sweet Spot Amid Seasonal Challenges

Regional and Statewide Statistics Contact:  Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO. – Oct. 10, 2019 – Single-family home sales across the state fell more than 14 percent from August to September but remain up 9.1 percent over September 2018 in the seven-county Denver metro area and 5.3 percent statewide, according to the latest monthly market data from...

August Market Trends: Signs of a Shifting Market? Homes in Colorado Are More Affordable But Taking Longer to Sell

Regional and Statewide Statistics Contact:  Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO. – Sept. 12, 2019 – Still far from what would be defined as balanced, Colorado’s residential housing data continues to show signs that markets are shifting, according to the latest monthly market data from the Colorado Association of REALTORS®. Despite three-year lows on interest rates and...

June Brings Inventory and Price Relief to Colorado’s Housing Market

Following record-setting May, opportunities expand for buyers as appreciation cools and inventory improves ENGLEWOOD, CO. – July 11, 2019 – After reaching record highs for median pricing and new listings across the Denver metro region and state housing markets in May, a slight cooling in June – similar to what has happened in June the past two years – helped...

New housing inventory delivers little help to buyers as strong sales continue to drive pricing to new record highs across Colorado

ENGLEWOOD, CO. – May 10, 2019 – The much-anticipated influx of new spring season listings in Colorado’s housing market has had a limited impact for buyers as strong sales and continued low inventory have driven median and average pricing to record levels in the seven-county Denver metro area, as well as markets across the state. Those high-water marks for pricing...

Colorado Housing Market Report for February 2019

  Snow and cold temps blanket housing markets across the State creating wait-and-see game for buyers and sellers alike ### ENGLEWOOD, CO. – March. 12, 2019 – With cold, wet conditions and record snowfall wreaking havoc across the state, Colorado’s local housing markets are experiencing a mixed-bag of results, with early spring season expectations tempered by below normal temperatures and...

Home sales slowed across most of Colorado in 2018

Despite drop in sales, median prices continued to climb   Metro Denver’s housing market saw sales slide and prices continue to rise last year, and that pattern dominated across much of the state, according to a monthly update from the Colorado Association of REALTORS.   Colorado Springs and El Paso County, the next biggest housing market after metro Denver, suffered a...