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August Colorado Springs Market Snapshot

August Colorado Springs Market Snapshot

September 20, 2024 By Park Avenue Properties Team

As we finished August, the Springs’ market slightly slowed down. No surprise there, but fall will likely pick up steam:

✅ Lowering Interest Rate = more affordability

✅ Larger Inventory Selection = greater buyer negotiating power

✅ Fall Season = summer distractions are over – time to move before the holidays! Buyers, THIS might be your window of opportunity!

As interest rates trend downward, our home prices will increase because of more competition. Let’s discuss what you’re looking for in a property. Homeowners, don’t be alarmed. Even if your neighborhood isn’t as “”hot”” as it was a couple of years ago, home prices still are up compared to this time last year! You can still get an excellent return if you list this fall. The demand remains too high. I’ll strategize with you to get a great offer as soon as possible.

Filed Under: Info

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