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 for Condo/townhomes is up 8% to $191,200 and sales are up .6%.

Cumulative year to date sales for single family homes in 2017 was up 6.7% and the average price is up 9.9% over 2016. Volume was up 17.3% in 2017 for a total of $5,139,440,493. The average increase of listings on the market over 2016 was 2.9%.

Luther Benson - Broker/Owner

28 Years of Experience

Over $95,000,000 sold

For a list of all available homes on the MLS go to:


Cell 719-310-2404


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