real estate – Page 10 – Grok The Market

2008 vs 2022: Median income and average pricing

A tale of one market at two points in time. What you see here is a snapshot of the Colorado Springs region median income.

Here are the top 10 zip codes by price range for 2022. This is not filtered for volume of sales.

Curious about the Colorado Springs market? Here are the top 10 zip codes by number of sales YTD. Also shown is in the average.

In a market that is selling for 4% above list price on the average, how important is pricing your home? With such low inventory.

The absorption rate – abs rate – is a measure of inventory. How long will it take to “absorb” the current inventory? Below is.

The R2 for the M2 money supply to median pricing .89. What does that mean? There is a high level of correlation between these.

Here is the breakdown of the types of purchases year to date in the Pikes Peak Association of Realtors® (PPAR) region. Cash has made.

If you are looking for a home in the Colorado Springs area, be prepared. The average home in the 400,000 – 450,000 is closing.

Three days and sixty one additional sales, the average closed price over list is up almost $900 to nearly $17K. Cash sales down 2%.

The CPLP ratio is my favorite measure. It is the closed to list price ratio, the measure of how much above or below people.