Hey Friends,
I’ve jumped up to 5 fun facts for you today. Most of them highlight the Colorado Springs housing market. I hope you have a great weekend!
Blessings,
Andrew
Fun Fact 1:
Birth rates are coming down fast – nearly everywhere. Also, women in poor nations are still routinely having 4 and 5 babies – for now.
Source: UN, World Population Prospects (2024)
Fun Fact 2:
Active listings (supply) were down 3.5% when compared to last month and jumped 21.9% when compared to last year at this time. Last year saw 2,972 active listings.
Source: Land Title Guarantee Company
Fun Fact 3:
New listings decreased by 12.0% when compared to last month and were down 4.2% YoY. Last year at this time we saw 1,293 new listings.
Source: Land Title Guarantee Company
Fun Fact 4:
Pending properties – indicating demand – were down 1.8% MoM and saw a decrease of 8.7% when compared to last year at this time. Last year saw 756 pending sales.
Source: Land Title Guarantee Company
Fun Fact 5:
According to data by reventure, last month Denver took #1 in the number of listings with price cuts and Colorado Springs took #3.
Source: Reventure
“And now that you don’t have to be perfect, you can be good.” -Lee in East of Eden by John Steinbeck
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Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal or tax advice, an offer to buy or sell any security, or to buy or sell real estate property. Read our full disclosures HERE.