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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Pueblo. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 719-229-4706 P.S. I also work with credit challenged to assist them with purchasing in 6-12 months.
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| Average Home Price | $150,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 5-10% |
| Average Time on Market | More than 120 days |
| Best Selling Price Range | $100,000 - $149,000 |
| Worst Selling Price Range | $300,000 - $349,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | Decreasing |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Buyer Activity for the past 90 days in Pueblo is | Decreasing |
| Seller Activity for the past 90 days in Pueblo is? | No Change |
| Multiple Offers? | No |
| Multiple Offers Commentary | Price and condition have dictated offers on properties along with 1 time buyer tax incentive. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 20-25% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | First Time Buyers |
| Reason to Buy/Sell | Population Growth |
| Nearest Metro Area | Colorado Springs |
| Housing Hot Spots | Many areas within the Pueblo County area are considered 'Housing Hotspots', 3 being Pueblo West, Belmont and University. |
| Average Sold Price | $150,000 - View Graph Trend |
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Top Agent
HouseHunt, Inc.
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