from The Colorado Springs Business Journal | December 27, 2013 | by Marija B. Vader
If someone put a home on the market in Colorado Springs, chances are good it sold within two months.
As of the end of June, single-family homes spent an average of 62 days on the market, the lowest number since June 2006, when the Pikes Peak Association of Realtors started keeping records.
The total number of active listings was extremely low at 3,450, said Fred Crowley, associate director of the Southern Colorado Economic Forum. He compared that number with around 6,000 active listings in June 2010.
“The available homes for sale decreased 40 percent over three years ago,” Crowley said. “These numbers are just mind-boggling.”
To read the rest of the year in review click here.
