Colorado Springs Realtor - Cherise's Blog: November 2012

October 2012 Comparables to October 2011 – Colorado Springs Real Estate Statistics

Supply & Demand Economics

Practically speaking, the numbers do speak for themselves. Supply and Demand economics is visibly in play for the Colorado Springs Real Estate market. With listing inventory down, both in pricing as well as inventory levels, then pricing on residential homes is likely to go up, as evidenced in the October comparables from 2012 to 2011.

This analysis is brought to you by Bill McAfee of Empire Title of Colorado Springs.

2012 YTD vs. 2011 YTD

• Average Price UP 3.7%

• Median Price UP 6.0%

• Residential Units UP Sold 7.8%

• Inventory Levels DOWN 26.5%

• Number of Listings DOWN 20.8%

• Foreclosures UP%

• Interest Rates are at historic lows

Feel free to contact Colorado Springs Realtor, Cherise Selley, Active Licensed Broker/Owner of Selley Group Real Estate, LLC or you may contact our group of Colorado Springs Realtors @ www.selleygroup.com or 2139 Chuckwagon Rd, Ste 210 - Colorado Springs, Colorado 80919 - 719. 598. 5101

Portions of this article are written by Gordon, as framed by the expressed opinions of Cherise, but not proofread.

Comment balloon 1 commentCherise Selley • November 23 2012 09:15AM
October 2012 Comparables to October 2011 – Colorado Springs Real…
share
Practically speaking, the numbers do speak for themselves. Supply and Demand economics is visibly in play for the Colorado Springs Real Estate market. With listing inventory down, both in pricing as well as inventory levels, then pricing on… more
Living With Chronic Pain – HuffPost Live
share
It is well documented that the number of people who live in the United States are becoming part of the chronic pain population. In fact, the most recent chronic pain statistics reveal 116 million Americans suffer from some form of chronic… more
What do we do NOW?
share
The real issue about politics today is that our nation is experiencing a true identity-crisis politically. It seems to me that neither party really has a good handle about who they are nor what they really stand for, except that the… more
Listing and Sales Summary – October 2012 – Colorado Springs Real…
share
Some people feel like there wasn’t much of a choice regarding the presidential election. The better of the least desirable has been a resonating theme for many. In regards to shrinking listing inventory, it would be easy to adopt these same… more
November – THE STAT PACK – Colorado Springs Real Estate
share
November – THE STAT PACK – Colorado Springs Real Estate Click here for the November 2012 STAT PACK: http://www. selleygroup. com/statpack. pdf Simply, this is the most comprehensive statistical information compiled about real… more