Market Analysis for East Colorado Springs!

By
Real Estate Agent with RE/MAX Properties, Inc.

Review the inventory and health of the market by looking at the number of sold and listed properties.

To understand if the market inventory is growing or shrinking, compare the number of sold properties to new listings. If inventory is growing, the market could be trending toward a buyer's market. If inventory is shrinking, then it could be a seller's market.

Gauge the health of the market by comparing the number of standard to distressed listings. If the number of distressed listings is greater, the market could be unhealthy and more likely a buyer's market.

  • Sold: Properties sold that month
  • New: Listings that are new on the market
  • Distressed: Listings that are short sales, bank owned, or up for auction.
  • Standard: Non-distressed listings
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window rock

Jay Carden, Colorado Springs Realtor
RE/MAX Properties, Inc.

719-322-4939
jay@jaycarden.com

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Comments (1)

Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

what an awesome report to share with your local clients and prospects Jay!

Sep 03, 2013 09:34 AM

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