Real Estate News for Colorado Springs January 2020

 

Market Updates

Colorado Springs Real Estate Market Update

Colorado Springs MLS Market Update

Academy District 20 Real Estate Market Update

District 20 Real Estate Update

Local Real Estate News

National Real Estate News

In November 2020, pending home sales were down 2.6% month-over-month.

November 2020 brought 6.69 million in sales, a median sales price of $310,800, and 2.3 months of inventory. The median sales price is up 14.6% year over year, and inventory is down 1.4 months from November 2019.

Mortgage Rates

 

The 30-year fixed-rate mortgage remained flat this week after reaching a new record low a week earlier to an average of 2.71%. NAR forecasts the 30-year fixed-rate mortgage to average 2.9% and 3.0% in the first and second quarter of 2020, respectively.

Copyright ©2020 NATIONAL ASSOCIATION OF REALTORS®. All rights reserved.  Reprinted with permission.

 

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Murray & Associates Listings

 

17360 Leggins WayUnder Contract! 17360 Leggins Way, Monument. Beautiful two-story home with wrap around porch located on a quiet cul-de-sac with easy access to shopping, schools, I-25, and an incredible view of Pikes Peak and the front range.

 

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By Nancy Murray

Murray & Associates, Keller Williams Colorado Springs