Newly launched information from Realtor.com for July exhibits that potential consumers and sellers in Pueblo County noticed increased house sale costs than the earlier month’s median of $300,000.
The median house bought for $304,950, an evaluation of knowledge from Realtor.com exhibits. Meaning July, the newest month for which figures can be found, was up 1.7% from June.
In comparison with July 2024, the median house gross sales value was down 6.4% in comparison with $325,750.
Realtor.com sources gross sales information from actual property deeds, leading to a couple of months’ delay within the information. The statistics do not embody houses at present listed on the market and are not straight akin to listings information.
Info in your native housing market, together with different helpful group information, is obtainable at information.chieftain.com.
Here’s a breakdown on median sale costs:
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Trying solely at single-family houses, the $310,000 median promoting value in Pueblo County was up 3.3% in July from $300,000 the month prior. Since July 2024, the gross sales value of single-family houses was down 4.6% from a median of $324,900.No single-family houses bought for $1 million or extra through the month.
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Condominiums and townhomes decreased by 12.2% in gross sales value throughout July to a median of $257,500 from $293,250 in June. In comparison with July 2024, the gross sales value of condominiums and townhomes was down 24.9% from $343,000. No condominiums or townhomes bought for $1 million or extra throughout July.
About recorded house gross sales in Pueblo County in Colorado
In July, the variety of recorded gross sales in Pueblo County dropped by 7.7% since July 2024 — from 220 to 203. All residential house gross sales totaled $66.4 million.
Throughout Colorado, houses bought at a median of $545,402 throughout July, down 2.6% from $559,987 in June. There have been 8,704 recorded gross sales throughout the state throughout July, down 4.1% from 9,073 recorded gross sales in July 2024.
Here is a breakdown for the complete state:
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The full worth of recorded residential house gross sales in Colorado decreased by 20.9% from $8 billion in June to $6.4 billion this July.
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Out of all residential house gross sales in Colorado, 13.91% of houses bought for not less than $1 million in July, up from 12.23% in July 2024.
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Gross sales costs of single-family houses throughout Colorado decreased by 2.3% from a median of $593,601 in June to $579,997 in July. Since July 2024, the gross sales value of single-family houses throughout the state was barely up from $575,078.
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Throughout the state, the gross sales value of condominiums and townhomes dropped 2.4% from a median of $420,000 in June to $410,000 throughout July. The median gross sales value of condominiums and townhomes is down 3.5% from the median of $425,000 in July 2024.
The median house gross sales value used on this report represents the halfway level of all the homes or items listed over the given time frame. The median presents a extra correct view of what is occurring in a market than the typical gross sales value, which might imply taking the sum of all gross sales costs then dividing by the variety of houses bought. The common could be skewed by one notably low or excessive sale.
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This text initially appeared on The Pueblo Chieftain: Houses in Pueblo County bought for increased costs lately: See how a lot right here