Blog

Market Update Sept 2016
By Luther
October 11, 2016

There are currently 2443 active single family listings on the market in the Pikes Peak region compared to 3215 last year at this time, which is a 24% decrease. Fewer listings, creates more demand which is driving prices up and helping homes sell faster. New listings on the market are up 4.2%. The average sales price was up 8.9% to $291,342 in September. Sales are up 16%.

The median single family sales price is up 10% compared to September 2015 (same number of homes sold above as below).

Market update for August 2016
By Luther
September 6, 2016

There are currently 2660 active single family listings on the market in the Pikes Peak region compared to 3378 last year at this time, which is an 21.3% decrease. Fewer listings, creates more demand which is driving prices up and helping homes sell faster. New listings on the market are up 2.4%. The average sales price was up 8.2% to $295,877 in August. Sales are up 5%.

The median single family sales price is up 9.7% compared to August 2015 (same number of homes sold above as below).

Market update for July 2016
By Luther
August 3, 2016

There are currently 2780 active single family listings on the market in the Pikes Peak region compared to 3409 last year at this time, which is an 18.5% decrease. Fewer listings, creates more demand which is driving prices up and helping homes sell faster. New listings on the market are up 2.7%. The average sales price was up 6.8% to $294,162 in June. Sales are up 8.6%.

The median single family sales price is up 6% compared to July 2015 (same number of homes sold above as below).

Market Update for April 2016, Sales up 18.8%
By Luther
May 13, 2016

There are currently 2080 active single family listings on the market in the Pikes Peak region compared to 2694 last year at this time, which is a 22.8% decrease. Fewer listings, creates more demand which is driving prices up and helping homes sell faster. New listings on the market are up 6.6%. The average sales price was up 3.4% to $248,050 in April. Sales are up 12.8%.

The median single family sales price is also up 3.4% compared to April 2015 (same number of homes sold above as below).

Market Update for Colorado Springs March 2016
By Luther
April 7, 2016

There are currently 1941 active single family listings on the market in the Pikes Peak region compared to 2538 last year at this time, which is a 23.5% decrease. Fewer listings, creates more demand which is driving prices up and helping homes sell faster. New listings on the market are up 10.3%. The average sales price was up 3.3% to $268,010 in March. Sales are up 16.2%.

The median single family sales price is also up 6.4% compared to March 2015 (same number of homes sold above as below).