Colorado Home Sales are PLUMMETING

Colorado Springs with Kevin James Bond

What is going on with the Colorado housing market? Why are home sales dropping so rapidly?
Do we have a slowdown in the Colorado real estate market?
The median sold price dropped 3.4% year over year from Feb 2022 to Feb 2023.
We've gone from properties getting 2.9% over list price in Feb 2022 to 98.5% of their list price in Feb 2023.
Property is sitting on market longer, from 32 to 65 days on market!
February 2023 housing report brought to you by the Colorado Association of REALTORS®.
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📲 Selling or Buying in Colorado Springs?
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🔑 Kevin James Bond - Broker Associate and REALTOR® with RE/MAX Real Estate Group.
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