Blog

Market Update, 2018 in Review
By Luther
January 7, 2019
Market Update There are currently 1685 active single family listings on the market in the Pikes Peak region compared to 1350 last year at this time, which is a 24.8% increase. New listings on the market are down 18.5%. The average sales price was up 4.6% to $340,907 in December and Sales were down 11.8%. The median single family sales price is up 5.6% compared to December 2017 (same number of homes sold above as below).  Average Days on Market is 40. There are 149 condo/townhomes on the market compared to 80 last year at this time, an 86.3% increase. The median price for Condo/townhomes is up 15.1% to $215,000  ...
Market Update for Nov 2018
By Luther
December 5, 2018
There are currently 2153 active single family listings on the market in the Pikes Peak region compared to 1643 last year at this time, which is a 31% increase. New listings on the market are up 2.8%. The average sales price was up 8% to $342,617 in November and Sales were down 12.7%. The median single family sales price is up 8.2% compared to Nov 2017 (same number of homes sold above as below) to 303,000. There are 164 condo/townhomes on the market compared to 100 last year at this time, a 64% increase. The median price for Condo/townhomes is up 14.4% to $214,00 and sales are up 8.4%. Cumulative year to date ...
Market Update for Colorado Springs Sept 2018 Stats
By Luther
October 17, 2018
There are currently 2449 active single family listings on the market in the Pikes Peak region compared to 2145 last year at this time, which is a 14.2% increase. New listings on the market are up 5.2%. The average sales price was up 11.1% to $343,947 in Sept and Sales were down 15.6%. The median single family sales price is up 11.2% compared to Sept 2017 (same number of homes sold above as below). There are 209condo/townhomes on the market compared to 112 last year at this time, a 86.6% increase. The median price for Condo/townhomes is up 9.8% to $216,250 and sales are down 20.5%. Cumulative year to date sales ...
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 ...
Market Update for Colorado Springs July Stats
By Luther
August 10, 2018
Market Update There are currently 2385 active single family listings on the market in the Pikes Peak region compared to 2366 last year at this time, which is a .8% increase. Fewer listings, creates more demand which is driving prices up and helping homes sell faster. New listings on the market are down 3%. The average sales price was up 7.5% to $347,517 in July and Sales were down 3.3%. The median single family sales price is up 8.8% compared to July 2017 (same number of homes sold above as below). There are 161 condo/townhomes on the market compared to 161 last year at this time, a 1.2% decrease. The ...