Colorado Springs buyers eagerly pursued their New Year’s resolution of homeownership, which increased our showings and pending transactions, and listings spent less time on the market. So our tight inventory comes as no surprise. Sellers are gearing up for the approaching spring season, which usually gains momentum right after Super Bowl Weekend. While activity may ease during President’s Weekend, we anticipate a traditional Spring Frenzy in just a few weeks!
So, house-hunters, if last year’s inventory had too few options, there may be good news soon! Now is a great time to kick-start your search before the competition intensifies. Sellers, if our average sales prices remain stable during the quieter season, anticipate an increase this spring. This is the ideal moment to prep your home for maximum returns and enhanced negotiating leverage.
