This month's image was taken by my niece Autumn this past July in the Wallowa Mountains. I just had to wait until at least October to share it because of all the snow!
If you can get away and visit some beautiful places this month, just do it!
Stay safe and make the most of the month ahead.
Here’s a quick look at the market for single family homes (no condos / townhomes) zoned for CPHS.
23 homes ended the month available for sale.
71 homes ended the month under contract (“Pending” and “Pending Backups”)
38 sales closed in August - all but 1 from contracts written before Aug 1st.
Half the homes that sold went under contract in a week or less!
Not shown on the chart:
51 new listings were added to inventory and all but 12 went under contract during the month.
57 properties came out of inventory (went under contract).
10 homes that were on the market Aug 1st did not sell during the month.
The median sold price is 100% of asking. Accurate pricing is so important! Buyers are not hesitating to offer full price when the price matches the house. Over-pricing, improperly marketed, and unprepared homes have a difficult time selling when buyers expect 100% or more.
Have questions? Let’s talk.
I hope you have a safe and wonderful September!
This image was taken in Big Bend with the Rio Grande just a few yards behind me, So reinvigorating to be surrounded by nature. Feel free to save the image as your screensaver or desktop.
Have a great month!
If someone you know has a real estate need, please let them know about me.
We made it to August!
Just kidding - but 2020 kinda feels like that, right?
Our local real estate market is strong. Not enough homes to sell for all the interested buyers. Multiple offers are still common. Most buyers are more concerned with missing out than perhaps paying a bit too much - in a few months what was too much might be a great deal!
If you have questions about the market in your neighborhood, or how to best time the market for a potential move - let's talk!
If someone you care about has similar real estate questions, I'm here to help.
When this is over, you'll be glad you made great real estate decisions now.
Have a great August!
Here's an image of southwest Colorado to help y'all imagine being out of town in June. Yes, there are many places that still have a little snow on the ground. I hope you get a chance to travel and see some beautiful scenery this month. Please stay safe, socially distanced, etc. That's easier to do the farther out into the wilderness you travel!
Have the best month possible!