Blog

Market Update for Colorado Springs Nov 2017
By Luther
December 8, 2017

There are currently 1643 active single family listings on the market in the Pikes Peak region compared to 1932 last year at this time, which is a 15% decrease. Fewer listings, creates more demand which is driving prices up and helping homes sell faster. New listings on the market are up 8.9%. The average sales price was up 10.1% to $317,368 in November and Sales are up 4.9%.

The median single family sales price is up 9.1% compared to November 2016 (same number of homes sold above as below).

There are 100 condo/townhomes on the market compared to 178 last year at this time, a 43.8% decrease. The median price for Condo/townhomes is up 12.6% to $187,000 and sales are actually down 8.2%.

Cumulative year to date sales for 2017 are up 7.5% and the average price is up 9.7%.

Luther Benson - Broker/Owner

Access Real Estate Professionals Inc.

27 Years of Experience

Over $95,000,000 sold

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

http://www.Homes4SaleCo.com

Email: luther@lutherbenson.com

Cell 719-310-2404

CPV, CRS

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