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Today, I want to give you a brief market recap of whatwe've seen in Colorado Springs this summer and what kind of conditions you canexpect moving forward. It's been a great year so far. Through July:
-Average sales price is up 3.1%, which puts usat $275,000
-Unsold homes are down 19%
-Inventory is sitting at only 2.5 months
-Pending sales are up 21.8% (2,309 properties)
Many people think August is a bad month tosell, but our market has stayed strong. We didn't see a drop inthe number of homes sold, and properties are still moving quickly. Most of thetime, homes sell within 60 days of being listed.
For the fall, I expect these fantastic market conditions tocontinue. If you plan on selling, or if you need real estate assistance of anykind, please don't hesitate to reach out. I'm always available to help!
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