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Market Update Jan 2016 Colorado Springs
By Luther
February 29, 2016

There is a 2 month supply of homes on the market! There are currently 1900 active single family listings on the market in the Pikes Peak region compared to 2470 last year at this time which is an 22% decrease. Fewer listings, creates more demand which should help to drive prices up and help homes sell faster. New listings on the market are up 12.9%. The average sales price was up .9% to $263,678 in January Sales are up 33.5%. 1113 homes sold in the Pikes Peak region in January, which is a new record ...

2015 Colorado Springs Real Estate Market Review
By Luther
January 18, 2016

With stock market volatility investment minded people should consider adding real property to their portfolio as the local market breaks records!

There is a 2 month supply of homes on the market! There are currently 2133 active single family listings on the market in the Pikes Peak region compared to 2599 last year at this time which is an 18% decrease. Fewer listings, creates more demand which should help to drive prices up and help homes sell faster. New listings on the market are up 14.2%. The average sales price was up 4.3

Colorado Springs Market update for Nov 2015
By Luther
December 5, 2015

There are currently 2627 active single family listings on the market in the Pikes Peak region compared to 3134 last year at this time which is a 16% decrease. Fewer listings, creates more demand which should help to drive prices up and help homes sell faster. New listings on the market are up 15.5%. The average sales price was up 8.8% to $267,133 in Nov. Sales are up 4.2% compared to last November.

The median single family sales price is also up 9.6% compared to last year in November (same number of homes sold above as below).

There are 219 condo/townhomes on ...

Real Estate Market Update for Colorado Springs Oct 2015
By Luther
November 5, 2015

There are currently only 2936 active single family listings on the market in the Pikes Peak region compared to 3501 last year at this time which is a 16% decrease. Fewer listings, creates more demand which will help to drive prices up and help homes sell faster. New listings on the market are up only 0.8%. The average sales price was up 2.7% to $263,584 in Oct. Sales are up 14% compared to last October<...

Market update for Sept 2015
By Luther
October 2, 2015

There are currently 3215 active single family listings on the market in the Pikes Peak region compared to 3831 last year at this time which is a 16% decrease. Fewer listings, creates more demand which should help to drive prices up and help homes sell faster. New listings on the market are up 7.2%. The average sales price was up 5.7% to $267,612 in Sept. Sales are up 16% compared to last September.

The median single family sales price is also ...