09.10.07
Posted in Uncategorized at 5:45 pm by Lowey
While other real estate markets in Colorado plateau and struggle, Steamboat Springs continues to sizzle.
Recent events that include city council zoning decisions, Intrawest’s purchase of the ski mountain, and increased demand with little new market supply have all combined together for a hot hot market in Ski Town USA.
Summer 2007 MLS data shows a 62% increase in sales over last summer. Plus sales of homes over $1 million dollars has seen almost a three-quarter increase in homes sold.
If you have been looking to purchase a home in a Ski town, definitely check out Steamboat Springs.
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09.05.07
Posted in Uncategorized at 4:38 pm by Lowey
August 2007 real estate market numbers are in, and here they are for Colorado Springs.
According to PPMLS data, 862 listings were sold, this is about 21% below last August. with a median sales price of $220,000 down just over 2% from August 2006). The average days on market were 79.
There are currently between 6,000 – 7,000 active listings in the Colorado Springs market. The median asking price is $255,000, a bit lower from July’s $259,900.
These numbers show that it is definitely a buyer’s market right now, so if you are looking to buy a home be sure to get a good real estate agent and get out there. This market decline is great news for buyers.
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