Blog

Market Upate for Colorado Springs 5/2018
By Luther
June 14, 2018

There are currently 1885 active single family listings on the market in the Pikes Peak region compared to 1859 last year at this time, which is a 1.4% increase. Fewer listings, creates more demand which is driving prices up and helping homes sell faster. New listings on the market are up 1.3%. The average sales price was up 11.2% to $355,927 in May and Sales were down 3.9%.

The ...

Market Update for Colorado Springs and Region April 2018
By Luther
May 2, 2018

There are currently 1524 active single family listings on the market in the Pikes Peak region compared to 1570 last year at this time, which is a 2.9% decrease. Fewer listings, creates more demand which is driving prices up and helping homes sell faster. New listings on the market are up 8.5%. The average sales price was up 11.8% to $348,527 in April and Sales were down 1.8%.

The median single family sales price is up 10.9% compared to April 2017 (same number of homes sold above as below).

There are 93 condo/townhomes on the market compared to&...

Market Upate for Colorado Springs March 2018
By Luther
April 7, 2018

There are currently 1371 active single family listings on the market in the Pikes Peak region compared to 1454 last year at this time, which is a 5.7% decrease. Fewer listings, creates more demand which is driving prices up and helping homes sell faster. New listings on the market are down .1%. The average sales price was up 15.1% to $340,598 in March and Sales were down 1.3%.

The median single family sales price was up 11.9% compared ...

Market Update for Feb 2018
By Luther
March 13, 2018

There are currently 1229 active single family listings on the market in the Pikes Peak region compared to 1342 last year at this time, which is an 8.4% decrease. Fewer listings, creates more demand which is driving prices up and helping homes sell faster. New listings on the market are down 3.1%. The average sales price was up 9.9% to $331,104 in February and Sales were up 18.3%.

The median single family sales price was up 14.7% compared to Feb 2017 (same number of homes sold above as below).

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2017 Market Recap
By Luther
January 5, 2018

There are currently 1350 active single family listings on the market in the Pikes Peak region compared to 1536 last year at this time, which is a 12.1% decrease. Fewer listings, creates more demand which is driving prices up and helping homes sell faster. New listings on the market are up 10.9%. The average sales price was up 12.5% to $323,149 in December and Sales were down 2.4%.

The median single family sales price is up 11.8% compared to December 2016 (same number of homes sold above as below).