Market Update Oct 2014, Home sales up 23.8%
By Luther
October 7, 2014

There are currently 3831 active single family listings on the market in the Pikes Peak region compared to 4070 last year at this time which is a 5.9% decrease. New listings on the market were up 8. The average sales price is up 3.3% to $253,218. Sales were up 23.8%. The cumulative year to date average price is up 2.6% and YTD sales up 1.2%.

The median single family sales price was up 5.6% compared to last year in Sept (same number of homes sold above as below).

There are currently 405 active condo/townhomes listings on the market compared to 472 last year at this time which is an 11.2% decrease. Sales were up 51.5% compared to last Sept. The average purchase price for condo/townhomes was actually down 6.6% to $162,458.

Rates are incredibly low and prices are moving upward. This is a great time to sell and/or buy. It is also a great time to buy that investment property. Visit our website at to view all listings on the MLS or call us and we can create your own personalized home search!