State of the Market – Page 4

just an agent, running the numbers – Rob Thompson, Realtor®, Iconic Colorado Properties, LLC

Category: State of the Market

April 2023 has seen the largest drop in number of sales since at least 1996. We are tracking about 35.8% down from last April..

Total sales numbers down 26.3% from 2022.

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.

Take a look at this chart. It’s seventeen years of homes sales in the region. There are a lot of takeaways here, from the.