Weekly Market Update for October 7, 2020

Here is what’s happening for Real Estate in Colorado Springs for the week ending on October 4, 2020!

Homes under contract:

309

Homes go to closing:

494

Our Real Estate market is still very strong and we are #1 in the United States!  The average sales price for the homes that closed last week at $417,000.  With the high demand of homes from tech companies coming in and Amazon bring thousands of jobs, the prices of our homes are going up because the inventory is low.  Also, with the low-interest rates (still under 3%!), people are making the jump to become homeowners as well.

Now that the weather is getting cooler, maybe our home market will slow down a bit.  But you may want to consider these tips to help keep your home running smoothly and efficiently.  It’s only getting colder and that means turning on your furnace to stay warm.  Did you know most people don’t know the last time they had their furnace serviced?  It is best to have it checked every year!

I recommend all my clients to call Fountain Valley Mechanical to get their A/C units. HVAC system and furnace checked and service.  They are really good people and offer a military discount and will educate you about your system.  Give them a call at 719-392-2652!

Are you interested in finding out about Deborah Elliott-Shultz and City of CS Real Estate and Lifestyle’s flat listing fee of $4000*? Visit cityofcs.com or call (719) 641-1357 to speak with Deborah.

And, have you heard about our buyer’s rebate? That’s right! We give back 25% of our commission to help you with your closing costs or to buy new appliances which will be reflected on the settlement statement, and you’ll get it at closing. Give Deborah a call to speak with her about buying or selling a home with City of CS Real Estate and Lifestyle.

If you have any real estate questions, or to find out how City of CS Real Estate and Lifestyle can help make your real estate experience more affordable, call Deborah Elliott-Shultz at (719) 641-1357.

* Homes Listed at $600,000.00 and over are charged a 1% Listing Fee. Compensation fee for the Buyers Agent is in addition to the $4,000 flat fee.

At City of CS Real Estate & Lifestyle, we are working
for you, so give us a call anytime!

719.641-1357

"I confidently recommend Deborah to friends and business contacts. She is extremely knowledgeable, provides excellent service and saves sellers a tremendous amount of money. When it’s time for us to purchase or sell a home, Deborah will get the call!"

- Home Buyer

"Deborah made my home buying experience painless, and made me feel as though she was truly looking our for my best interest. She was available any time I needed her, wether it be for showings or with any questions."

- Home Buyer

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