March 2023 – Grok The Market

PPAR Region State of the Market

We are closing for the month of March 2023 at an average of 501K with 46.86 days on the market. Homes are closing on.

This morning’s graph is a representation of the average Days on Market (DOM) for closed homes by month over the last decade. As you.

Why does this matter? When you take out a mortgage to buy a house, you are essentially borrowing a large sum of money from.

Running the numbers today…as of 21 March 2023, sales are at 69.3% of last year’s volume of sales. Stated another way, the number of.

Three percent is often cited as the historical annual appreciation of housing. Let’s take a look at the last seventeen years and how the.

What you see here is a scatterplot mapping the average monthly closed price of a home in the Colorado Springs region alongside the M2.

Here is the distribution of types of sales from the 4th quarter of 2022 through this morning. These are pretty consistent with our market.

February 2023 closed down 29.6% from the previous year by number of sales. That is the second largest drop February to February as a.