My Blog
2025 Market Update – Year in Review
Inventories are down and single family prices end up for the year
2025 single family sales ended up 2.5% over the previous year and although prices jumped around a bit in 2025 the average price ended up 1.8% for the year. Total volume was up 4.3% for a total of $6,593,499,920. Yup that’s 6.59 Billion.
There are currently 2837 active single-family listings on the market in the Pikes Peak region compared to 2505 last year at this time which is a 13.3% increase in active listings; however, inventories are down 20.2% from the previous month making it a great opportunity to get homes on the market if one is thinking of selling before inventories begin to increase post holiday.
The average sales price was down by 2.7% to $531,469 compared to December 2024 and was down 3.7% compared to the month prior which is typical for the time of year. Sales were actually up in December by 3.6% for a total of 909 homes that closed in the Pikes Peak region, compared to 837 last December.
New listings on the market were up 4.5% compared to last December.
Conforming 30 year fixed mortgage rates are now in the low 6’s and government loans in the high 5’s.
The below chart shows the average price and median price trends:
The median single family sales price was down 5.2% compared to December 2024 (same number of homes sold above as below) and is now $460,000. There is a 3.1 month supply of homes on the market compared to a 4.2 month supply last month.
The below chart shows the number of sales YTD in comparison to the past 4 years:
There are 50 condo/townhomes on the market compared to 502 last year at this time, which is a .2% decrease. The average price for Condo/townhomes is up 4.4% and the median price is down 2.9%. The median condo/townhome price is now $330,000. Condo/Townhome sales are down 3.6%. New listings on the market are down 21.6%.
This chart shows the average days on market trends:
The average days on market is currently 65 days.
The below chart shows the number of new listings on the market by month in comparison to the last 4 years:
The below chart shows number of homes under contract at the end of December each year which is an indicator of sales for next month:
The below chart shows listings on the market by month:
The below chart shows number of sales per month for the last 2 years:
See how much your home could sell for by using your phone’s camera to scan the below QR code. You can also check the selling and buying temperatures of your own neighborhood.
Many people are afraid to buy because they feel if they sell their home first, they won't find what they want. The market is shifting but there are ways to combat the higher interest rates with other strategies. Many builders are offering HUGE incentives to buy their standing inventory (remember not to go into the builders model without me). Call me for a free consultation to learn more. 719-310-2404
Market Update for November 2025
Sales down and prices mixed.
There are currently 3555 active single-family listings on the market in the Pikes Peak region compared to 3092 last year at this time which is a 15% increase in active listings. The average sales price was down .3% to $551,605 compared to November 2024 and was up 1.5% compared to the month prior. Sales were also down in November by 6.4%. New listings on the market were down .9% compared to last November. 837 homes sold last month in the Pikes Peak region.
Year to date single family sales are up 2.4% and the average price is up 2.2%.
Conforming 30 year fixed mortgage rates are now in the low 6’s and government loans in the high 5’s.
The below chart shows the average price and median price trends:
The median single family sales price was up 1.4% compared to November 2024 (same number of homes sold above as below) and is now $491,990. There is a 4.2 month supply of homes on the market.
The below chart shows the number of sales YTD in comparison to the past 4 years:
There are 606 condo/townhomes on the market compared to 591 last year at this time, which is a 2.5% increase. The average price for Condo/townhomes is up 10.4% and the median price is on par. The average condo price is up 4.5% from the prior month. The median condo/townhome price is now $344,500. Condo/Townhome sales are down 13.6%. New listings on the market are up 11.2%.
This chart shows the average days on market trends:
The average days on market is currently 57 days.
The below chart shows the number of new listings on the market by month in comparison to the last 4 years: 
The below chart shows number of homes under contract at the end of November each year which is an indicator of sales for next month:
The below chart shows listings on the market by month:
The below chart shows number of sales per month for the last 2 years:
See how much your home could sell for by using your phone’s camera to scan the below QR code. You can also check the selling and buying temperatures of your own neighborhood.
Many people are afraid to buy because they feel if they sell their home first, they won't find what they want. The market is shifting but there are ways to combat the higher interest rates with buydowns and other strategies. Many builders are offering HUGE incentives to buy their standing inventory (remember not to go into the builders model without me). Call me for a free consultation to learn more. 719-310-2404
Market Update for October 2025
Sales and prices are down. (Likely due to the Government shutdown)
There are currently 3918 active single-family listings on the market in the Pikes Peak region compared to 3394 last year at this time which is a 15.4% increase in active listings. The average sales price was down 2.5% to $543,590 compared to October 2024 and was down 3.8% compared to the month prior. Sales were also down in October by 12.2%, which is likely due to the government shut down. New listings on the market were down 1.3% compared to last October. 876 homes sold last month in the Pikes Peak region.
Year to date single family sales are up 3.2% and the average price is up 2.4%.
Conforming 30 year fixed mortgage rates are now in the low 6’s and government loans in the high 5’s.
The below chart shows the average price and median price trends:
The median single family sales price was down .3% compared to October 2024 (same number of homes sold above as below) and is now $473,500. There is a 4.5 month supply of homes on the market.
The below chart shows the number of sales YTD in comparison to the past 4 years:
There are 640 condo/townhomes on the market compared to 640 last year at this time, which is on par. The average price for Condo/townhomes is up 2.4% and the median price is down 4.6%. The average condo price is down 1.1% from the prior month. The median condo/townhome price is now $319,500. Condo/Townhome sales are down 18.2%. New listings on the market are down 2.5%.
This chart shows the average days on market trends:
The average days on market is currently 54 days.
The below chart shows the number of new listings on the market by month in comparison to the last 4 years:
The below chart shows number of homes under contract at the end of October each year which is an indicator of sales for next month:
The below chart shows listings on the market by month:
The below chart shows number of sales per month for the last 2 years:
See how much your home could sell for by using your phone’s camera to scan the below QR code. You can also check the selling and buying temperatures of your own neighborhood.
Many people are afraid to buy because they feel if they sell their home first, they won't find what they want. The market is shifting but there are ways to combat the higher interest rates with buydowns and other strategies. Many builders are offering HUGE incentives to buy their standing inventory (remember not to go into the builders model without me). Call me for a free consultation to learn more. 719-310-2404
Market Update for August 2025
Sales are down, prices are mixed
There are currently 4139 active single-family listings on the market in the Pikes Peak region compared to 3320 last year at this time which is a 24.7% increase in active listings. The average sales price was up 1.4% to $566,443 compared to August 2024 and was down 1.4% compared to the month prior. Sales were down in August by 2.3%. New listings on the market were down 9.1% compared to last August. 1039 homes sold last month in the Pikes Peak region.
Year to date sales are up 4.4% and the average price is up 2.6%.
Conforming 30 year fixed mortgage rates are down in the mid 6’s and government loans in the high 5’s.
The below chart shows the average price and median price trends: