Blog

Market Update for Colorado Springs August 2018 Stats
By Luther
September 7, 2018

There are currently 2416 active single family listings on the market in the Pikes Peak region compared to 2284 last year at this time, which is a 5.8% increase. New listings on the market are up 4.1%. The average sales price was up 13.9% to $357,317 in August and Sales were down 7.8%. The median single family sales price is up 11.4% compared to August 2017 (same number of homes sold above as below).

There are 185 condo/townhomes on the market compared to 140 last year at this time, a 32.1% increase. The median price for Condo/townhomes is up 11% to $229,815 and sales are down 5.8%.

Cumulative year to date sales for single family homes in 2018 are up 1.1% and the average price is up 11.2% over 2017. Volume is up 10% in 2018 for a total of $3,776,894,088 so far this year.The market is still robust. 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 www.lutherbenson.com to view all listings on the MLS.

Luther Benson - Broker/Owner

28 Years of Experience

Over $100,000,000 sold

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

http://www.Homes4SaleCo.com

http://www.lutherbenson.com

Email: luther@lutherbenson.com

Cell 719-310-2404

CPV, CRS

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