PUEBLO COUNTY REAL ESTATE MARKET TRENDS – MAY 2024
PUEBLO COUNTY REAL ESTATE MARKET TRENDS – APRIL 2024
As interest rates remain high the number of homes remain on the market in Pueblo County longer going from 81 days last month to 87 days in April. We are also seeing a drop in the number of homes sold in April by 20% and year to date we are down 11.9%. The median…
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PUEBLO COUNTY REAL ESTATE MARKET TRENDS – MARCH 2024
936 E Keymar Dr Pueblo West CO 81007
PUEBLO COUNTY REAL ESTATE MARKET TRENDS – February 2024
Pueblo County single family home sales continue to appreciate in value even though the number of homes sold continue to decline, year over year. Mortgage Rates Fall a Little The 30 year fixed-rate mortgage fell to 6.88% for the week ending in February. “Evidence that purchase demand remains sensitive to interest rate changes was…
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PUEBLO COUNTY REAL ESTATE MARKET TRENDS – January 2024
Local Pueblo County Median Home Prices up 10.2% from a year ago The median selling price in January 2024 for single family homes was $325,000. Last month, December 2023 the median selling price was $315,500, representing a 3% increase from just last month but a full 10.2% from this time last year. The absorption…
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342 E Stewart Dr Pueblo West CO 81007
Pueblo County 2024 Housing Outlook
Pueblo County Housing Market 2024 Introduction After a few years of home prices skyrocketing due to low mortgage rates and a lack of homes for sale the economic pressure of rising inflation and the subsequent rise in mortgage rates the market for homes sales in 2023 stayed pretty much stagnant. Not so surprisingly with…
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Pueblo Home Affordability Index Drops in 2023
The NATIONAL ASSOCIATION OF REALTORS® affordability index measures whether or not a typical family could qualify for a mortgage loan on a typical home. A typical home is defined as the national median-priced, existing single-family home as calculated by NAR. The typical family is defined as one earning the median family income as reported by…
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