House Hunting Just Got Easier – Here’s Why

If you’ve been frustrated by the lack of homes for sale over the past few years, here’s some good news. You have more options, so it may finally be time to kick off your home search again. As Daryl Fairweather, Chief Economist at Redfin, explains:

“Now is the best time to buy in the last two years. Mortgage rates are comparable to what they were two years ago, and prices remain high. However, there is significantly more inventory . . .”

The number of homes for sale has grown compared to last year, and even more options are on the way. While this is typical for the busy spring season, here’s why this is so important right now.

Homeowners are listing their houses at the highest pace we’ve seen in a while.

New Listings Are on the Rise

Over the past few months, the number of new listings, or homes that have recently been put on the market for sale, has been steadily rising (see graph below):

Basically, more people are putting their homes on the market each month – whether they’re moving up, downsizing, or relocating. And this trend is a positive sign for the housing market.

Sellers who may have been on the fence the past few years are starting to jump back in. That’s helping to boost overall inventory and create better opportunities for both buyers and move-up sellers alike.

But it’s not just that the number of fresh options is up month-over-month; there’s also been a jump compared to last year.

According to Realtor.com, new listings in March were 10.2% higher than last year, making it the biggest March for new listings since 2021 (see graph below):

For anyone who’s been waiting for more choices, this is exactly what you’ve been hoping for – because more homes coming onto the market means more options and a better shot at finding one that fits your needs.

To make sure you don't miss out on any of the latest listings for your area, lean on a local real estate agent.

Bottom Line

If you're thinking about making a move this spring, now may be the time to start exploring your options. With more fresh listings hitting the market, you may find a home you love waiting for you.

What features or neighborhoods are at the top of your wish list?

🏡 Local Insight: What More Listings Mean for Buyers in Northern Colorado Springs

The national data says inventory is rising—and that holds true here in 80921, 80908, and 80132 too. In March 2025, there were 459 active listings in our area—up from 375 in March 2024, marking a 22% year-over-year increase in options for buyers.

While we haven’t seen a clear spike in a particular price range or property type, overall inventory growth is giving buyers more breathing room and less competition than they’ve had in recent years.

📊 Buyer Behavior Is Still Cautious—And That’s OK

Even with more homes available, buyers aren’t rushing in just yet. Factors like:

• High inflation

• Interest rate volatility

• Insurance premium hikes (especially with fire season approaching)

…have kept many would-be buyers on the sidelines.

It’s still early in the selling season—most buyer activity historically ramps up in May and peaks through July—but if you’re waiting for a sign to start looking, growing inventory could be it.

🧭 What Kind of Market Are We In?

Right now, Northern Colorado Springs is a balanced market. Neither buyers nor sellers hold the upper hand.

• Move-up buyers (selling to buy a larger home) are staying steady

• Downsizers are less active than previous years—many are hesitant to give up their low mortgage rate in exchange for higher payments on a smaller home

✅ Local Advice for Spring Buyers

If you’re ready to jump back in, here’s what I recommend:

1. Focus on your monthly budget, not just the list price. Make sure you’re budgeting for maintenance, repairs, and unexpected costs (plan for 1–5% of the home’s value annually).

2. Act quickly on well-priced homes. There are no “steals” right now—just smart buys.

3. Submit a strong offer if the home checks your boxes. Sellers are still fielding multiple offers on appropriately priced homes, and lowballing can hurt your chances.

📩 Ready to re-enter the market with a clear strategy? Let’s connect and find your next home before competition heats up.