How is Pueblo County's real estate market? Home prices rose over year
The median sales price for a single-family home in Pueblo County during July was $291,500. That's an increase of 24% compared with July 2020, according to data from Realtor.com.
The number of houses sold fell by 5% from a year earlier. A total of 269 houses were sold county-wide during the month of July. During the same period a year earlier, 283 single-family homes were sold.
Real estate sales can take weeks or months to be recorded and collected. This is the latest data made available through Realtor.com to the USA TODAY Network.
Condominiums and town homes sold in July had a median sales price of $235,000. That figure represents a 11.4% increase year-over-year. In Pueblo County, five were sold, down 50% from a year earlier.
Pueblo real estate: See the latest data in home sales, more
How hot is Pueblo County's real estate market in Colorado?
Information on your local housing markets is available through the USA TODAY Network, with more data from Realtor.com.
The top 10% of the properties sold had prices of at least $475,000, up 31.9% from a year before.
In July, two properties sold for $1 million or more: two single-family homes.
The median home sale price — the midway point of all the houses or units sold over a period of time — is used in this report instead of the average home sale price because experts say the median offers a more accurate view of what's happening in a market. In finding the average price, all prices of homes sold are added and then divided by the number of homes sold. This measure can be skewed by one low or high price.
More: Pueblo real estate market remains red-hot despite some slowing in state
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. The story was written by Sean Lahman.
This article originally appeared on The Pueblo Chieftain: Pueblo County's average home sold for a higher price than last year
