P
ueblo's residential real estate market is showing positive signs, according to recent data from the Colorado Association of Realtors. New listings have increased by 30% compared to October 2023 and are up 4.3% for the year, while active listings jumped to 892, pushing the supply of homes up 39.5%. This represents a five-month supply, indicating that Pueblo is on the cusp of a balanced market.
Dave Anderson, spokesperson for the Pueblo Association of Realtors, notes that pending sales have ticked up 10% compared to October 2023 and sold homes are up 9.45% over the same period. However, year-to-date sales remain down 11%. The median home price has increased by 3.2% to $319,900.
Anderson also predicts a market boost following the election and notes that interest rates may stay in the 5.5-6.5% range in 2025. Additionally, the percentage of list price received has ticked up 0.7% to 98.4%, while the average days on the market have fallen to 77 days.
The Southern Colorado Residential Rental Association is hosting a class and luncheon on November 19 at the Pueblo Union Depot, featuring speakers from the Pueblo Police Department and Pueblo Police Chief Chris Noeller. The event will focus on keeping rental businesses safe and will benefit the Christmas Toy Drive for CASA of Pueblo.
Pueblo has been selected to participate in the Colorado Tourism Office's inaugural Accessible Travel Program, which aims to provide welcoming experiences for all travelers. The program will showcase Pueblo's accessible spaces and offerings through a partnership with Wheel the World, a travel booking program that helps destinations assess and improve their accessibility.
Colorado State University Pueblo has been named a First Generation-Serving Institution by the Colorado Department of Higher Education, recognizing its high enrollment of first-generation students who are transforming their lives through education. The university is one of only 18 institutions in the state to earn this distinction.
Xcel Energy is hosting open house meetings on November 21 and December 4 to discuss plans for an energy storage battery system at the Comanche Generating Station south of Pueblo. The system will allow the utility to maximize the use of low-cost renewable energy and enhance grid reliability.
A Caring Pregnancy Center has unveiled renovated facilities and a new garage building, providing necessary space and resources for comprehensive parenting education and support. The center serves Pueblo and surrounding communities through its mobile medical unit.
Ent Credit Union is seeking nominations for its 2024 Ent Community Advocate Award, which honors individuals who have made a positive impact in their communities. Nominations are due by December 31, with award winners to be announced by the end of February.
