There are currently 2599 active single family listings on the market in the Pikes Peak region compared to 3233 last year at this time which is a 19.4% decrease. Fewer listings creates more demand which should help to drive prices up and help homes sell faster. New listings on the market are also down 9.1%. The average sales price is up 7.3% to $255,652. Sales are up 28.4%. The cumulative YTD averages for all 12 months of 2014 show an improving market! Prices were up 2.8% and the average number of sales up 3.8%.
The median single family sales price is up 6.5% compared to last year in Dec (same number of ...
Here is the video version of the 2014 Colorado Springs Market in reveiw: