Colorado housing market hot and holding steady

By
Real Estate Agent with All Things Real Estate FA 100044819

The Colorado Springs housing market is hot right now. The area is seeing the strongest seller’s market it has seen in quite some time. Maybe even ever. Colorado itself has become very popular as of late. Anyone can see the rise in popularity in pop culture references and media. For various reasons Colorado is both appealing to millenials and families combined. If the Colorado Springs market is hot. The Denver market is s a burning powder keg in the middle of an active volcano. According to a report by Zillow home values have went up 4.6%. Many Realtors in the area have stated they feel this number is low. It comes in comparison to Denver’s home value number that has risen 13.7%. Given the natural beauty of the area it is no wonder why anyone would love to move to Colorado Springs, or Denver for that matter. In Colorado Springs it seems as though it has been picking up, and does not show signs of slowing down anytime soon. According to PPAR housing statistics the average days on the market for January in 2015 was 106 days as opposed to 60 average days on the market for January in 2016. Zillow also predicts to see a 3.5% increase on home values in Colorado Springs within the next year. The result of low inventory has lead to prices of homes being driven up, and often a multiple offer bidding war situation. This is all great news for REALTORS® and people selling their home. It does however put a strain on the home buyer. It certainly will be interesting to see what happens over the next year in Colorado. 

Comments (18)

Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Great first post Tiffany Canady I was just discussing with a friend/contractor that he should move to the Denver area. Welcome to AR.

Feb 23, 2016 05:50 AM
Tiffany Canady

Thank you Bob. Much appreciated. Yeah, Denver and the surrounding areas are a really great place to be, and it is exciting times. If you ever need help with anything out here don't be afraid to reach out. Thanks again!

Feb 23, 2016 07:41 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Tiffany, so glad to hear Colorado Springs is experiencing a strong Seller's market now too.    Our market is crazy, and better than any other year I have worked.  Great informative first post, and Welcome to ActiveRain!  

Feb 23, 2016 06:59 AM
Tiffany Canady

Thank you very much Joan! That is great to hear. If you ever need help with anything in the Colorado Springs market please feel free to reach out to me. Thanks again

Feb 23, 2016 07:39 AM
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Welcome to Activerain and for your informative blog regarding Colorado Springs seller's market. I love your description "The Denver market is s a burning powder keg in the middle of an active volcano"

Feb 23, 2016 07:47 AM
Tiffany Canady

Thank you very much! Its fun tto have fun with words! Appreciate the feedback.

Feb 24, 2016 05:34 AM
Robert May
Robert W May - Lethbridge Real Estate - Lethbridge, AB
Real estate consulting

welcome to Activerain and congratulations on your first blog post here.  There is tons of great information to read and a community of good people to network with and chat.  Feel free to stop by my blog and leave me a comment or just say hello.

Feb 23, 2016 08:09 AM
Tiffany Canady

Thanks. We are definitely excited to be apart of the Activerain community!

Feb 24, 2016 05:35 AM
David Alan Baker Laveen & South Phoenix Realtor
Keller Williams Realty Phoenix - Laveen, AZ
Your local Expert

I have heard of many people moving that way, good for business.

Feb 23, 2016 08:19 AM
Tiffany Canady

Yeah, Colorado is definitely a popular destination for many looking to relocate.

Feb 24, 2016 05:36 AM
LuxurySoCalRealty San Diego
Compass - La Jolla, CA
San Diego Partner - The Private Client Network

Hi Tiffany amazing news for your Colorado Springs market.  Welcome to Active Rain  

Feb 23, 2016 10:02 AM
Tiffany Canady

Thank you. We are definitely excited to be apart of the Activerain community!

Feb 24, 2016 05:37 AM
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Hi Tiffany,

Welcome to ActiveRain.

I hope you will like what you find here. Maybe we can do a deal soon.

I remember when I was starting out. I couldn’t imagine ever writing hundreds of posts.

There was so much I didn’t know. Surely I didn’t really belong here.

Well let me encourage you to take one step at a time and hang in there.

I’ve made good money via ActiveRain and learned a lot. But the best thing that ActiveRain has done for me is in this post.

http://activerain.com/blogsview/4797718/the-best-thing-activerain-has-done-for-me-

Good luck,

 

David Gibson
Broker / Owner Colorado Home Sales LLC
Colorado Springs

Feb 23, 2016 10:33 AM
Tiffany Canady

Thank you so much David. I really appreciate the encouragement and nice words. It is nice to meet you. I am definitely excited to be apart of the Activerain community. 

Feb 24, 2016 05:41 AM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Hi Tiffany Canady,  Welcome to Active Rain and congrats on your first blog post.  Best Wishes with your business In Colorado Springs.

Feb 23, 2016 10:55 AM
Tiffany Canady

Thank you Sybil. I appreciate it. It is nice to meet you. I am excited to be here.

Feb 24, 2016 05:42 AM
Sharon Kowitz
CRS-SRES-ABR-GRI-E-Pro-CREN Fonville Morisey Cary, NC - Cary, NC
Cary, NC Relocation Specialist ~ Buying or Selling

Welcome to Active Rain and congratulations on your first blog. I look forward to reading more from you!

Feb 23, 2016 01:02 PM
Tiffany Canady

Thank you Sharon. I look forward to reading from you as well. It is nice to meet you. I am happy to be here!

Feb 24, 2016 05:43 AM
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, eXp Realty - Kalispell, MT
The House Kat

Welcome to ActiveRain! That's great news that hte Colorado Springs area is seeing strong real estate movement. I've never been but heard it is a beautiful area.

Feb 23, 2016 08:02 PM
Tiffany Canady

Hi Kat! It really is a beautiful area. You will have to make it out sometime. I hope everything is going great out in NY!

Feb 24, 2016 05:44 AM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Welcome to Active Rain!  As REALTORS® who have been here for more than 9 years, it's well worth it!

 

Feb 23, 2016 09:08 PM
Tiffany Canady

Thank you Tony and Suzanne! I am happy to be here and excited to be apart of the Activerain community.

Feb 24, 2016 05:45 AM
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Tiffany Canady .....from reading posts on this platform, I know that you're in a booming market.... take that business and run with it on ActiveRain....

Feb 23, 2016 10:22 PM
Tiffany Canady

Thank you Barbara. We are definitely not complainging about the exciting market we are experiencing. I hope things are great out in Franklin, MA!

Feb 24, 2016 05:47 AM
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

and welcome to ActiveRain....it's a great place to learn, share, market and network....and I hope you enjoy all of it....

Feb 23, 2016 10:24 PM
Tiffany Canady

We are excited to be apart of the Activerain community. I appreciate the encouragement. Thanks again Barbar!

Feb 24, 2016 05:48 AM
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Great report Tiffany!

Welcome to Active Rain, looking forward to reading many more of your posts, let me know if there is anything that I can do to help as you get started here.
Bob

Feb 24, 2016 03:41 PM
Tiffany Canady

Thanks Bob!


I am excited to be here and a part of the Activerain community. I look forward to seeing your posts. 

Feb 25, 2016 01:57 AM
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

Tiffany,

Welcome to the Active Rain blogging community. Looking forward to read more about your community and your business! 

 

Feb 24, 2016 03:56 PM
Mery Fernandez Empire Network Realty Luxury Brokerage
Empire Network Realty INC. - Orlando, FL
The Rise of An Empire, Let's Build Yours!

Hi Tiffany! Welcome to the world of Activerain, may your blogging  create a whole new chapter in your Real Estate Career.

Feb 25, 2016 04:10 AM
Joan Dickie
Keller Williams Premier Realty - La Crosse, WI
Keller Williams Premier Realty

Welcome to Active Rain and congratulations on your first blog here.  I hope being on here becomes as big a habit for you as it has for me.

Feb 25, 2016 11:00 AM
Letitia Stevenson
BHHS Fox & Roach | www.DelawareValleyRE.com - Greenville, DE
Listing Agent DE/PA/MD, Digital Marketer & Coach

Hi Tiffany, Thanks for sharing and welcome to the Rain! ActiveRain is a great place to share your knowledge, expertise and thoughts, as well as network and learn so much from the vast pool of talent already onboard. I look forward to reading your upcoming posts. If you would like to connect with me on ActiveRain, please subscribe to my blog! Welcome Aboard and Much Success! 

Mar 03, 2016 06:42 AM

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