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Hello,
If you’ve been hearing mixed messages about the real estate market lately, you’re not alone. The past few months have brought some interesting shifts—and the big picture is more positive than the headlines suggest.
From September to October, both the Colorado Springs Metro area and Academy District 20 saw a dip in average home values (around 7%). But here’s the good news: by November, those values bounced back. The Metro regained its earlier dip, and D20 actually climbed above where it stood in September.
So what changed?
A big factor is interest rates. They’ve been slowly trending downward for the second month in a row—not dramatically, but enough to help buyers improve their purchasing power. When rates ease, even a little, buyers feel more comfortable making stronger offers.
But here’s the surprising part: only about 1 in 5 homes listed actually sold last month. That means buyers still have plenty of choices, and they’re being incredibly selective. Homes with standout presentation—great staging, beautiful photography, strong first impressions—are the ones winning the attention.
For homeowners, even if you’re not planning to move anytime soon, it’s helpful to know what’s happening locally. And if someone you care about is thinking about selling next year, feel free to pass this along—I’m always happy to be a resource.
👉 Feel free to pass my number along: 📲 719-351-1326
P.S. If you enjoy staying in the loop, I shared even more insights in the quick video below—feel free to take a look! 👇
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