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July Colorado Springs Market Snapshot

July Colorado Springs Market Snapshot

August 22, 2024 By Park Avenue Properties Team

With the 4th of July behind us, our market entered our seasonal slowdown. Last month, the dynamics shifted slightly as inventory and demand declined. The current trends and data show we’re in a cooler season. With lower rates and homes sitting on the market longer, buyers, this could be your moment to make a move. You have more options in a less competitive environment and greater negotiating power than in the last few years. Sellers, don’t be alarmed. Our average sales price shows that your chances of receiving your asking number remain excellent. A more balanced market benefits everyone. Text, call, or email me about all of your needs: 719-963-6582 or tanya@parkavehomes.net.

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