I hope you all are ready for…

The BRONCOS… and school. 

This week we are in California, with the top 1% of agents across the United States and the world. Learning from different markets and hearing what is going on in their markets. 

 

People have been asking what is the market doing? Here it is, Interest Rates are hanging around 6.375 depending on your credit rating. If you are going FHA 6 percent however you will have upfront mortgage insurance and monthly mortgage insurance for the life of the loan Then there is VA, which is also around 6 but a funding fee is including unless you have a disability. Here is what you need to watch, Inflation… right now it is in the high 4 to low 5’s depending on what you are reading. This could mean interest rates for buying a home could go up.

 

In El Paso County, Single Family Homes.

1st Quarter of 2026 2028 Single Family Homes Sold with a median price of $ 474779

2nd Quarter of 2026 3016 Single Family Homes Sold with a median price of $ 495000

There are currently 3149 Active Single Family Homes on the market

There are a currently 1087 Single Family Homes that are under contract or Pending.

What this means in general terms, is almost 1 out of 3 homes that going active is Selling.

 

In Teller County, Single Family Homes.

1st Quarter of 2026 116 Single Family Homes Sold with a median price of $ 476000

2nd Quarter of 2026 171 Single Family Homes Sold with a median price of $ 534000

There are currently 321 Active Single Family Homes on the market

There are a currently 79 Single Family Homes that are under Contract or Pending.

What this means in general terms is almost 1 out of 4 homes that is going active is Selling.

 

As always, if you are looking to buy or sell homes or land, give us a call!

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