Liz Cobb: 719.492.4040 | Jerry Cobb: 719.492.4041
The local real estate market, along with the national market seem to be fully vaccinated and boosted as they had one of the most impressive years ever despite having to deal with a 2nd year of COVID. As the year began, we had the fewest number of active listings ever recorded in our MLS with […]
Looking Back at 2021’s Real Estate Market Read More »
By looking back at the most recent quarter you can better understand exactly where the market is today and what trends we are beginning to see. Since 2016, the number of listings on the market has been very low. However, the drop we saw last year, and in particular over the last quarter, was even
Real Estate Market Update Q4 2021 Read More »
Market Summary through October 2021 We have heard many people talk about how the market seems to be calming down since late Spring and early Summer. When you look at the number of sales and current inventory levels that would seem to be the case. However, when you look at the lack of supply (just
Real Estate Market Update October 2021 Read More »
Market Summary | Q3 2021 The 3rd Quarter brought something we haven’t seen in over 2 years—an increase in the number of active listings. At the end of October last year there were only 658 active listings on the market. This year that number bumped up 25% to 825 listings, which is still very low.
Real Estate Market Update Q3 2021 Read More »
Market Summary through August 2021 The local real estate market has cooled off just a touch, but don’t confuse this with the market changing like the seasons. Our market continues to sizzle and remains very much a seller’s market. Despite seeing sales dip the last 2 months, we remain on pace to have a record
Real Estate Market Update August 2021 Read More »
Market Summary through July 2021 Locally, the weather outside was cool while the residential real estate market continued to sizzle. We didn’t see the insane 23%+ jumps in price, nor did we see record low inventory again. BUT prices did jump 17% and inventory has increased to almost 13 days! So yes, the market has
Real Estate Market Update July 2021 Read More »
Welcome to the ERA Shields Stat Pack. The intent for providing information to you is to educate you on the current local real estate market so you can better make decisions for you and your family. Real estate markets vary from city to city as well as neighborhood to neighborhood. When the national media
Quarterly Residential Review Q1 2021 Read More »
Market Summary through February 2021 It seems as though the local residential real estate market is beginning to level off—don’t confuse this with cooling down. Monthly sales were down slightly while active listings remain scarce, which is keeping our inventory level at record lows and pushing sales prices to even greater heights. The number of
Real Estate Market Update February 2021 Read More »
Market Summary through January 2021 The year is off to a hot start with continued strong demand and very low inventory which is sending prices sky high. Obviously the extremely low mortgage rates are creating more buyers and Colorado Springs continues to see a surge of people migrating to our area. At the time of
Real Estate Market Update January 2021 Read More »
The Colorado Springs metro area will continue to be a place where locals want to stay and outsiders want to move. The trend of working from home will only increase the demand for homes in our area as people decided to live in places where they can enjoy more personal space and the outdoors. This
Looking forward to 2021 Real Estate Read More »
Liz Cobb | CO 10004107
Jerry Cobb | CO 40042096
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