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Market Watch report 5/26/16 for Colorado Springs / El Paso County

Real Estate Broker/Owner with Colorado Real Estate Advisers LLC CO ER100025633

Here is the market watch data for the Pikes Peak Association of Realtors® for the last 7 days.


New Listing (437)             

Price Increase (50)           

Price Decrease (233)       

Back On Market (84)       

UC 1st Rgt - Showing (2)

Under Contract - Showing (301)  

UC Short Sale - Showing (11)       

Withdrawn (28) 

Pending (302)    

Sold (471)           

Leased (0)           

Cancelled (35)   

Expired (4)          


There were nearly 100 more new listings that the previous 7 days. Are owners seeing their neighbors get top dollar and deciding to try their luck?

On the other hand, 233 sellers found they needed to decrease their price to increase showings and offers.

84 properties came back on the market. Many of those because of low appraisals.

A total of 602 properties went off the market to “Under contract – showing”  or “pending” status.

Inventory remains very low.

Choosing which property to buy in a hot market can be tricky. Buyers need to be working with a veteran broker who can educate them on the important differences between properties and help them with a strategy to get the house they want.

Posted by

David Gibson, 

Certified Negotiation Expert (CNE)

Broker / Owner Colorado Real Estate Advisers LLC

Independent Real Estate Broker

Colorado (License # ER100025633) and Texas (License # TX 499067)

Email: broker719@gmail.com

Phone: 719-304-4684

3326 Sand Flower Dr, Colorado Springs, CO 80920

I help my clients buy "A Better House at Lower Cost."


Sellers ~ I offer staging, professional photography, drone photography and videos. I'd like to send you a link to our listings so you get an idea how great your house can look.


Call or text me at 719-304-4684, or email me at broker719@gmail.com for more house choices and better deals.

Comments (1)

Roy Kelley
Retired - Gaithersburg, MD

I was looking for your current posts. I hope all is going well for you.

Oct 02, 2019 03:06 PM