Blog

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). There are 80 condo/townhomes on the market compared to 140 last year at this time, a 42.9% decrease. The median price ...
Market Update for Colorado Springs Nov 2017
By Luther
December 8, 2017
There are currently 1643 active single family listings on the market in the Pikes Peak region compared to 1932 last year at this time, which is a 15% decrease. Fewer listings, creates more demand which is driving prices up and helping homes sell faster. New listings on the market are up 8.9%. The average sales price was up 10.1% to $317,368 in November and Sales are up 4.9%. The median single family sales price is up 9.1% compared to November 2016 (same number of homes sold above as below). There are 100 condo/townhomes on the market compared to 178 last year at this time, a 43.8% decrease. The median price ...
Market Upate for Colorado Springs 10/2017
By Luther
November 2, 2017
Market Update There are currently 1939 active single family listings on the market in the Pikes Peak region compared to 2227 last year at this time, which is a 12.9% decrease. Fewer listings, creates more demand which is driving prices up and helping homes sell faster. New listings on the market are up 8.4%. The average sales price was up 7.9% to $317,112 in Oct and Sales are up 13%. The median single family sales price is up 9.7% compared to Oct 2016 (same number of homes sold above as below). There are 119 condo/townhomes on the market compared to 200 last year at this time. The median price ...
Market Update Sept 2017
By Luther
October 6, 2017
There are currently 2145 active single family listings on the market in the Pikes Peak region compared to 2443 last year at this time, which is a 12% decrease. Fewer listings, creates more demand which is driving prices up and helping homes sell faster. New listings on the market are up 3.4%. The average sales price was up 6.3% to $309,698 in September and Sales are up 9.3%. The median single family sales price is up 4.2% compared to September 2016 (same number of homes sold above as below). There are 112 condo/townhomes on the market compared to 221 last year at this time. The median price for Condo/...
Market Update for June 2017 in Colorado Springs
By Luther
July 13, 2017
There are currently 2162 active single family listings on the market in the Pikes Peak region compared to 2639 last year at this time, which is an 18% decrease. Fewer listings, creates more demand which is driving prices up and helping homes sell faster. New listings on the market are up 10.8%. The average sales price was up 10.6% to $326,263 in June and Sales are up 5.6%. The median single family sales price is up 8.7% compared to June 2016 (same number of homes sold above as below). There are 161 condo/townhomes on the market compared to 204 last year at this time. The median price for Condo/...