PUEBLO COUNTY REAL ESTATE MARKET TRENDS – MARCH 2024
936 E Keymar Dr Pueblo West CO 81007
PUEBLO COUNTY REAL ESTATE MARKET TRENDS – February 2024
Pueblo County single family home sales continue to appreciate in value even though the number of homes sold continue to decline, year over year. Mortgage Rates Fall a Little The 30 year fixed-rate mortgage fell to 6.88% for the week ending in February. “Evidence that purchase demand remains sensitive to interest rate changes was…
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PUEBLO COUNTY REAL ESTATE MARKET TRENDS – January 2024
Local Pueblo County Median Home Prices up 10.2% from a year ago The median selling price in January 2024 for single family homes was $325,000. Last month, December 2023 the median selling price was $315,500, representing a 3% increase from just last month but a full 10.2% from this time last year. The absorption…
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342 E Stewart Dr Pueblo West CO 81007
Pueblo County 2024 Housing Outlook
Pueblo County Housing Market 2024 Introduction After a few years of home prices skyrocketing due to low mortgage rates and a lack of homes for sale the economic pressure of rising inflation and the subsequent rise in mortgage rates the market for homes sales in 2023 stayed pretty much stagnant. Not so surprisingly with…
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Pueblo Home Affordability Index Drops in 2023
The NATIONAL ASSOCIATION OF REALTORS® affordability index measures whether or not a typical family could qualify for a mortgage loan on a typical home. A typical home is defined as the national median-priced, existing single-family home as calculated by NAR. The typical family is defined as one earning the median family income as reported by…
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PUEBLO COUNTY REAL ESTATE MARKET TRENDS – December 2023
December saw 10.8% less homes for sale than the previous month. Sales jumped from 152 homes sold in Pueblo in November to 192 homes sold in December. The median selling price remained relatively the same.
PUEBLO COUNTY REAL ESTATE MARKET TRENDS – NOVEMBER 2023
November’s numbers stayed relatively the same as in October. We did see a median selling price of Pueblo homes drop from October at $314,950 to November’s number at $305,450. Days on market increase as well as months of inventory slightly.
PUEBLO COUNTY REAL ESTATE MARKET TRENDS – October 2023
Home sales fell in October to 187 homes down from 213 in September. The median sales price jumped to $314,950 from the previous month of $306,600. The number of homes also increased from the previous month from 781 in September to 802 in October. Nationally, there were 1.15 million homes for sale or under…
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