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Your Complete Guide to Finding |
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The "Real Estate Bubble" has not burst in Pueblo West! What about the dismal national news??? What about all the "For Sale" signs?? How can the market still be good at all??? The following trends are for residential property in all of Pueblo West for 2006 compared to 2005. First the good news... 786 houses sold in 2006 compared to 810 in 2005. That is only a slight decrease of about 3%. These are statistics from the Pueblo Association of Realtors. Also, days on the market for houses sold was down to 118 compared to 125 for the previous year. And because the average sales price outpaced the slight decline in sales number, the total dollar volume of houses sold was at an all time high of $139,085,844! So why all the "For Sale" signs?? The other side of the coin is the supply of real estate or the number of new listings. During 2006, 1333 residential properties came on the market. That is 12% more than the year before. Combine that with a slight downturn in the number of sales and you have a lot of unsold properties and "For Sale" signs that linger on properties. That means that 547 or 41% of the listings that came on the market did not sell. Selling today is for SERIOUS PEOPLE! Your property will need to show well, be priced right and be easily accessible. You also need SERIOUS REALTORS to help you. We have been through this before and know how to really guide you through the process. You can certainly sell in today's market!!! |
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Brought to You By Uptown Service. Down Home Values.
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Anne Selle, CRS, CRP RE/MAX Pueblo West 19 E. Abarr Pueblo West, CO 81007 719.547.1710 |
Rich Selle, CRS RE/MAX Pueblo West 19 E. Abarr Pueblo West, CO 81007 719.547.1740 |
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