Friday, February 21, 2025

Let’s Talk Business in Pueblo: Residential real estate trending up; free legal clinics set

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Pueblo’s residential real estate market showed some positive numbers in January.

New listings of homes for sale are up 13.5% compared to January 2024 and overall inventory is just shy of 11% above last year. Pending sales were up 10.7% compared to the same time last year.

“Our average days on the market dipped slightly but remained right around three months. Looking to the percent-of-list-price received, we remained fairly strong at 97.5%,” said Dave Anderson, spokesperson for the Pueblo Association of Realtors.

“Sold properties in January fell 4.7% compared to a year prior and we did see our median pricing fall 4.7% to $305,000. We don’t anticipate any real growth over the next few months as buyers continue to wait for interest rates to stabilize in the low 6% range,” Anderson explained.

Colorado Legal Services offering free clinics

Colorado Legal Services is set to offer free legal help Feb. 20 and again April 17 at the Senior Resource Development Agency, 230 N. Union Ave.

Low-income applicants who qualify for Colorado Legal Services can get help with financial, durable and medical power of attorney designations as well as advanced planning on wills and disposition remains. Appointments are required by calling 719-315-4557.

For more information, visit coloradolegalservices.com.

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