What is selling in the region?
Thirty seven percent of these homes sold the last 30 days were built in the last 5 years.
Colorado Springs Breaks 4 Months of Inventory first time since April 2015
Colorado Springs hits an 8 year high in inventory
Market activity last 30 days
In a previous post, I mentioned the ratio of withdrawn/expired homes to homes sold. This line of thought prompted me to ask, where are things selling? Where are the inactive homes? Here’s quick heatmap of the last 30 days of activity. Green is sold, red is withdrawn/expired. https://s3.us-east-2.amazonaws.com/www.robthompson.dev/heatmap.html More on this soon!
State of the SFH Market 21 Oct 2023
Good morning, fellow real estate data nerds! As of 21 Oct 2023, here are the market’s vital stats for single family homes (SFH): Let’s unpack these a bit. How we read this is: the average closed price for the month of October is $565K, median is $485K. Averages days on market are 39.6 and median […]
Introducing the (updated) FPVI (Future Property Value Index)
Predicting the short term direction of the market.
Affordable Housing is a ‘Wicked’ Problem
Tackling wicked problems isn’t a straight-line equation; it demands a blend of creative ingenuity, collective brainstorming, and agile adaptability.