June 2022 – Grok The Market

Colorado Springs region: State of the Market

As we move into the end of the month, here’s where we stand right now. Average pricing is down about $7K from one month.

Here is a quick snapshot of the top 20 subareas in the PPAR region, mapped in descending order by their number of sales in.

I saw this morning someone post a generalized chart stating that real estate beats inflation. Let’s take a look at this locally. Below is.

There is a lot of talk right now and the market has been significantly impact in terms of showings, contracts (both of which are.

This shows Banning Lewis Ranch is the top selling subarea with just under 50 sales the last 30 days. They have about 22 homes.

Yes, yes it is. In a number of ways. Let’s take a look at interest rates then and now. “Rates are actually on par.

Here are the top 10 subareas by number of sales for the last 30 days. The blue bar represents the number of closed sales.

One of my favorite measures of the market is the closed price to list price ratio (CPLP). That is, the measure of how much.

Here’s where the market stands as of 3 June 2022. Of note, we have added about 5 days of inventory in the last couple.