My Blog
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:
The median single family sales price was down 2% compared to August 2024 (same number of homes sold above as below) and is now $480,000. There is a 4 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 684 condo/townhomes on the market compared to 597 last year at this time, a 14.6% increase. The average price for Condo/townhomes is down 5.1% and the median price is down 5.4%. The average condo price is down 11.3% from the prior month. The median condo/townhome price is now $346,232. Condo/Townhome sales are up 4.5%. New listings on the market are up .4%.
This chart shows the average days on market trends:
The average days on market is currently 43 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 August each year which is an indicator of sales for next month:
The below chart shows listings on the market by month:
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 September 2025
Sales are up, prices are mixed
There are currently 4010 active single-family listings on the market in the Pikes Peak region compared to 3392 last year at this time which is an 18.2% increase in active listings. The average sales price was up 5.7% to $565,356 compared to September 2024 and was down .2% compared to the month prior. Sales were up in September by 10%. New listings on the market were down .2% compared to last September. 1026 homes sold last month in the Pikes Peak region.
Year to date single family sales are up 5% and the average price is up 2.9%.
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:
The median single family sales price was down 1.1% compared to September 2024 (same number of homes sold above as below) and is now $479,450. There is a 3.9 month supply of homes on the market.
The below chart shows the number of sales YTD in comparison to the past 4 years: