In this episode of The Real Estate Show, Cherise Selley shares statistics for single-family residential real estate sales in El Paso County, Colorado (including Colorado Springs) for June 2022. She reveals the average and median home prices, and compares them to the same figures from May 2022, as well as back to January 2022 to illustrate a market that “is changing, but not dead.” She also shares inventory statistics.

Shauna Uehling joins Cherise to share a recent client anecdote that shows how market changes are affecting buyers of new construction. Listen to find out how a local home builder surprised Shauna, highlighting a dramatic contrast between what it was like to shop for new construction a few short months ago, and shopping for a new build now.

Podcast Highlights

0:00-40       Intro Shawna Uheling and Cherise Selley
0:40-1:12    From Stem Cells to CoVid
1:13-2:53    Underlying Residual Effects of CoVid & Real Estate
2:54-3:31    Colorado Springs – Number 8 Nationally for Price Reductions
3:32-4:43     July Home Price Stats for Single Family Homes in El Paso County
4:44-5:44     January 2022 vs. July 2022 Home Prices in Colorado Springs
5:45-7:14     The Market is Changing, It is Not Dead & What to Expect
7:15-7:50     Increased Inventory Stats for Active Listings in El Paso County
7:51-8:56     Setting New Expectations from Pricing to Showings in this Market
8:57-13:29   New Construction Can Be an Unexpected Option In These Times
13:30-14:27 A Special Thanks to Our Clients and Followers

Cherise Selley and the Group talk about what it takes for buyers and sellers to succeed in a complicated real estate market both in Colorado Springs, and in other locations across the country. Subscribe and hit the notification bell for updates on weekly episodes where we discuss what it really takes to succeed in real estate!

Although we’re based in Colorado, selling Colorado Springs Home for Sale, our experience can benefit buyers and sellers, and real estate professionals nationwide.

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