Colorado Springs Real Estate Update | Price Drops & Sales Surge | Oct 7, 2024

Colorado Springs Real Estate Update | Price Drops & Sales Surge | Oct 7, 2024

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👉👉Welcome to this week’s real estate market update! In the week ending October 7th, 2024, we saw a bustling market with 465 new active listings and 368 homes coming off the market, resulting in a positive inventory increase of 97 homes. Notably, 358 homes sold this week, marking a significant rise of 90 sold homes week over week.

👉👉This week also brought substantial price adjustments, with a total decrease of $570 across listings. Additionally, 21 homes were canceled, withdrawn, or expired from the market. For those interested in available properties in the Bradley Heights neighborhood of Colorado Springs (Zip Code: 80925), check out the link below for more details.

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⏱️ Timestamps:
00:01 - Introduction to the Colorado Springs Market Update (Week Ending Oct 7, 2024)
00:10 - New Active Listings: 465 Homes Added to the Market
00:18 - Homes Off the Market: 368 Properties Removed
00:25 - Inventory Growth: Positive Increase of 97 Homes
00:33 - Sold Homes: 358 Sales, Up by 90 from Last Week
00:40 - Price Decreases: $570 Total Price Drops Across Listings
00:48 - Canceled, Withdrawn, or Expired Listings: 21 Homes
00:55 - Available Homes in Bradley Heights (Zip Code 80925)

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