The Robust housing market in Colorado Springs continues to break records.
Even though the supply of homes over $500k remains more of a Buyers’ Market, there is good news… When you compare 2016 to 2017 in Year to Date “SOLD” inventory over $500k, there is an approximate 68% increase!
That means, homes over the $500k mark will sell with smart pricing, a solid marketing plan and making timely adjustments to market feedback! When the market speaks… sellers need to listen. In about 90 days, we will be in the middle of Autumn and historically, the buyer pool shrinks. Making a price adjustment prior to the snow arrival may be a good decision. If you would like to discuss this further, please give me a call.
We will continue to diligently keep you informed with market updates!
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