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Winter 2020 Market Update
Now is an exceptional time to buy a home in Colorado Springs and Monument, Colorado. Low rates with current home prices makes a home purchase a great value! Call now for more information at 719-590-4791
Average Sold Home Price: $200,000

Average Time on Market: 90-120 days

Best Selling Price Range: $150,000 - $199,000

Existing Home Prices for the past 90 days: Increasing

Market Trend: Decreasing

Buyer's or Seller's Market: More sellers than buyers

Buyer Activity for the past 90 days: Decreasing

Seller Activity for the past 90 days: Increasing

Multiple Offers? Yes

Multiple Offers Commentary: Many sellers in the below $200K range are getting multiple offers.

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? 10-15%

Is Financing Available For Qualified Buyers? Yes

Comments on Financing For Qualified Buyers: Many financing programs exist for first time home buyers and seasoned buyers alike!

Housing Inventory: Limited Supply

Greatest Activity: First Time Buyers

Best reason to buy or sell: Population Growth

Nearest Metro Area: Colorado Springs

Housing Hot Spots: Pine Creek, Flying Horse, Briargate, Cathedral Pines, High Forest Ranch, Monument, Academy School District 20, Lewis-Palmer School District 38, Jackson Creek, Higby Estates, Woodmoor, Gleneagle, Wolf Ranch, Cordera

Contact Information
Brian Slivka
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Mortgage Rates for Jan 24th, 2020
30 year fixed rate: 4.51%
15 year fixed rate: 3.90%
30 year jumbo rate: 4.41%
15 year jumbo rate: 4.12%
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Real Estate Professional, Brian Slivka Brian Slivka
RE/MAX Properties, Inc.
Specializing in Colorado Springs Real Estate
1740 Chapel Hills Drive
Colorado Springs, Colorado 80920
Email Me | Receive New Listings by Email
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(Because current market conditions can change rapidly in any given marketplace,
please check with Brian Slivka for current Colorado Springs, CO market conditions before acting on this information.)
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