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!
I'm Rich Selle an active Realtor with RE/MAX Pueblo West. I've got 30 plus years real estate sales experience and I'll try to give you some insights about our market.