Buying a Home in Colorado Springs Insights
Dear Homebuyers,
As we step into the winter wonderland of Colorado Springs' housing market in December 2023, the numbers reveal a delightful story for those seeking a place to call home. While showings have seen a seasonal dip, this can work to your advantage, offering a less crowded stage for you to explore and discover the perfect abode. With the inventory dropping by over 21%, the reduced competition may open doors to homes that fit your dreams like a snug winter glove. The listing to sold price ratio climbing to 100.6% suggests a market where sellers are willing to meet you halfway, making negotiations a bit merrier.
Although the average days on the market have increased slightly, view this as an opportunity to make well-thought decisions, ensuring that the home you choose is truly the one that warms your heart. The dip in the average sold price, while modest, could mean an advantageous position for savvy buyers like you. As you embark on this journey, keep the festive spirit alive, envisioning the joy and coziness your potential new home can bring. Here's to finding the perfect place to create lasting memories in the coming year! š āØ
Wishing all the best for 2024,
Sarah McGarry
December 2023 Market Snapshot | Selling a Home in Colorado Springs
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