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 […]
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 […]
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 […]
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 […]
Pueblo County Median Selling Prices Down from Previous Month For the first three indicators above, the number of homes for sale, months of inventory and list to sold price remained steady from previous month. In August the number of homes sold were 250 in Pueblo County and in September 2023 there were only 213 […]
Local Pueblo County Median Home Prices Up 12% since the beginning of the year The median selling price in January 2023 for single family homes was $295,000. At the end of August 2023 the median selling price of homes came in at $330,500. This is a 12% increase in the median price since the […]
The summer season is in full swing with June showing the largest number of homes for sale this year in Pueblo County coming in at 404. This is up 12% from the May when the number of homes for sale was at 356. For contrast in January there were 281 homes for sale. The […]
The Pueblo real estate market picked up around 17% more homes for sale in May at 598 currently available for sale in Pueblo County for sale, up from 561 available in April. The number of homes sold in May increased to 262 homes from 246 sold in April but sales are still down 23.8% […]
The total number of homes for sale, a total of 561 increased by 23% compared to last years number at this time of the year at 456. The total number of homes sold decreased 19.5% from a year ago. The list to sold price decreased slightly by 1.7%. The median price home sold was […]
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