Fun facts about our local Real Estate Market!

Fun Facts From 2013

    Most expensive sale of the year in El Paso County was in Broadmoor Resort for $2,775,000

    Most expensive sale of the year in Teller County was north of Woodland Park for $1,430,000

     Largest home sold this year in El Paso County was a 16,945 square foot home on Cheyenne Mountain

    Largest home sold this year in Teller County was a 7138 square foot home in Pikes Peak Resort

Quick Hits From 2013

     Number of Units Sold was up 18% (1648 units more than 2012)

    Prices were up about 6% for Average Sales Price and 7% for Median Sales Price

    Inventory Levels for the year averaged 4.1 months, compared to 4.7 in 2012

     New Home Permits were up 465 units (2855 for 2013)

     Foreclosure Starts dropped by nearly 1600 units to 1861, the lowest level in 10 years

    Under Contracts were down during the last quarter by nearly 15%

For the full report on 2013 Annual Stats contact me at dhatch@erashields.com