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Let's Talk Business: Pueblo residential real estate market poised for sales growth

Let's Talk Business: Pueblo residential real estate market poised for sales growth

Yahoo26-05-2025

More homes hit the market in Pueblo in April, paving the way for an uptick in sales in the coming months.
'The Pueblo real estate market is showing some positive signs with new listings up 7.4%, while pending sales are up 25.7% in April and 2.1% year to date," said Dave Anderson, spokesperson for the Pueblo Association of Realtors.
Median pricing increased to $329,900 and was up 7.9% from April 2024. The year-to-date median price is up to $315,000, and the percent-of-list-price received was up to 98.8% in April.
The average number of days a home stays on market is 101.
"We have 813 active listings, an increase of 8.5% over April 2024. Buyers have a much better selection of homes to see with a 4.9-month supply of homes for sale," Anderson said.
"Open houses haven't seemed to help get buyers out just yet. Showings are up a little, but buyers are cautious about writing an offer as those higher interest rates continue to be a problem for prospective buyers," he said.
Builders applied for 33 new building permits in April — 21 of them in Pueblo West — but building permit applications are down 17% year to date, Anderson reported.
PaintCare helped recycle 12,215 gallons of paint in Pueblo County during its Earth Day program last month.
In Pueblo County, there are four year-round drop-off sites, including Greenhorn Valley Ace Hardware in Colorado City, and Sherwin-Williams, D and S Paint Center, and Southern Colorado Services and Recycling in Pueblo. While there is no charge to drop paint off for recycling, a nominal fee is added to the price of all new paint sold in Colorado to fund all aspects of the recycling program.
Paint is reused, recycled back into paint, or put to some other beneficial use. It is estimated that about 10% of all household paint purchased in the United States goes unused and is available for reuse or recycling, according to a press release.
A recent ribbon-cutting ceremony celebrated completed upgrades to the Walmart Supercenter at 4200 Dillon Drive.
A total of $10,000 in grants was presented to local nonprofit organizations, plus several long-time associates — including three team members who have served the Pueblo store for 40 years — were recognized.
The Southern Colorado Residential Rental Association is set to host a class and luncheon on May 21 at Pueblo Union Depot, 132 W. B St.
The class will run from 10-11:30 a.m. and focus on a legislative update of bills that affect landlords with a panel presentation by Zane Grant and Daniel Muldoon. Lunch will follow with representatives from Lowe's south side store detailing security products.
The class is free for members and lunch is $18 while the class is $25 for non-members and lunch is $25. For reservations, email scrra_mail@southerncoloradorentals.org or call or text 719-251-2257.
This article originally appeared on The Pueblo Chieftain: Pueblo's real estate market is poised for sales growth

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