2018 First Quarter Real Estate Market
Posted On April 26, 2018
Buyers looking for homes in the Cheyenne area have experienced an aggressive market the first quarter of 2018.
In-town properties have seen a rise in both sold volume and number of sold homes. City Residential had 37 more homes sell with a median price of $225,000 up from $211,500 in 2017. Condo/Townhome had 19 more homes sell and the median price rose over $14,000 from 2017 to $212,000. While Rural properties dipped in both number of homes sold and median price – 15 less homes as compared to 2017 but only a $5,200 price drop to $354,818. Overall the market’s total sold volume rose over $12 million to $108,424,640 over the same period in 2017. The real estate market is strong in Cheyenne!
Talk to your REALTOR for a current update on the market in Laramie County and your neighborhood. Watch for the monthly statistical reports released by the Cheyenne Board of REALTORS around the 15th of every month on their facebook and website.
Photo By: #IDLERPHOTO