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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  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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