PUEBLO COUNTY REAL ESTATE MARKET TRENDS – JULY 2024

This is one of those times that you could say that government really did cause your property taxes to go up. At least in respects to your vacant land in Pueblo West. According to the Pueblo County Assessor, there were roughly 1300 properties in Pueblo West that were identified an about 1,000 properties were given…
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The Pueblo County Treasures office is responsible for identifying, classifying, and determining the market value of all taxable real and personal property within a jurisdiction, essentially assigning a value to each property for the purpose of calculating property taxes; their primary function is to ensure fair and equitable distribution of the tax burden by accurately…
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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 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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