September 09, 2021 at 11:23am | Gordon Weldon Jr
The Pikes Peak region real estate market continues to be an extremely strong market, especially for sellers. While listings continue to increase from last few months, year-over-year stats show a continued decrease in active listings but increases in new listings and listings sold. The average home has appreciated over 17.2% in 2021, but that is projected to slow later this year, however signs continue to cast doubt on that projection. Limited inventory, low interest rates, and an average of 7 days on the market make this a very competitive market.
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