The following data pertains to Pueblo West house sales from January 1 to June 30, 2023. In Pueblo West, 341 houses sold in the first half of the year or 57 per month.  There are 157 houses on the market or a 2.7 month supply. The average price of homes sold was $407,000 while the average price of listed homes was $473,000.  The average days on the market for sold homes was 90 days.  

As of March 9, 2023 there are 123 houses in Pueblo West,  listed for sale,  in the Pueblo MLS. That compares to 55 on the market 1 year ago! The average listed price is $452,295 & the median is $430,000. Average days on the market for sold listings is 67.  30 year conventional interest rate is 6.875%. Call us for specific information on your property!

Buyers are beginning to have more choice when choosing their new home!  As of July 18, 2022, Pueblo West had 182 houses listed For Sale.  That compares to 55 on March 9, 2022.  The average price of listed homes is $473,693 & days on the market is 52.  

As of the end of the of June, 2022 the real estate market is slowly beginning to show the effects of interest rates increasing to about 5%.  Prices are still rising some with the median sales price at the end of the 2nd quarter being at $428,950.  Many of these sales were new construction homes, which would have gone under contract several months ago.   However sales numbers have started to drop with less sales in the 2nd quarter of 2022 than last year.  

Houses are continuing to rise in price in Pueblo West for 2022!  From January 1 to February 28, 120 houses sold at an average price of $424,766!  They were on the market an average of 76 days.  As of March 9, there are 55 active listings at an average price of $428,353.  

Anne Selle, RE/MAX Pueblo West was ranked number 33 in state of Colorado for number of real estate transactions in 2021 report! Congratulations Anne!!!

For the period of July 21-October 21, 2021, the average price of sold homes in Pueblo West was $423,156!  That is up 35% from the average sales price for the year of 2020. Go to our section on market statistics for complete details.  How long can this continue.  Time will tell.  What has driven this huge increase? A couple of factors are low interest rates and buyers coming from other higher priced markets,  bringing their equity & a mental sense that "real estate is really cheap here and we can afford to pay a lot more".   Most good properties have had several quality offers on them & to be successful, buyers used every trick available to win & a higher price was common!  

The Pueblo West Real Estate Market remains strong, however sales numbers are down a slightly from the third quarter of 2018.  During the 3rd quarter of 2019, 179 homes sold, compared to 186 during the same period of 2018. Prices continue their upward trend with the median sales price at $277,000 compared to $270,000 in the second quarter of 2019.  
If you are curious about other market details or interested in selling or buying real estate, give Anne or Rich Selle a call.  719-369-9191. Email: [email protected]

Is the real estate market changing?? Time will tell, however sales numbers are slowing some.  The following stats are for residential real estate, in Pueblo West, Colorado. 
NUMBER OF SALES: From January 1 - September 26, 2018, 544 houses have sold, compared to 585 during the same period in 2017.  That's down 7%. 
PRICES: For the same period as above, the average price in 2018 was $257,632 Compared to $234,209 in 2017.  Up 10%. 
NUMBER OF LISTINGS: 124 houses are currently on the market in Pueblo West.  That is up from the numbers listed over the past couple of years.  A year ago about 95 houses were on the market.  The current listings represent a 2 month supply compared to less than a month for much last two years.  A normal market has a 6 month supply so that is still a low listing inventory.  
NUMBER OF DAYS ON MARKET:  Houses that sold in 2018 were on the market 71 days compared to 79 in 2017.  
It's still a great time to sell, with prices up & things selling in a relatively short time.  Call Rich or Anne Selle to get a Free Market Value estimate for your home!