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Market Update for February 2026
Sales up and prices down

There are currently 2926 active single-family listings on the market in the Pikes Peak region compared to 2425 last year at this time which is a 20.7% increase in active listings.
The average sales price was down by 3.6% to $524,494 compared to February 2025 and was down 1.1% compared to January 2026. With rates at 4 year lows and prices easing sales were up in February 5.9% for a total of 773 homes that closed in the Pikes Peak region, compared to 730 last February.

There are 575 condo/townhomes on the market compared to 494 last year at this time, which is a 16.4% decrease. The average price for Condo/townhomes is up 3.7% and the median price is on par. The median condo/townhome price is now $325,000.
Condo/Townhome sales are down 5.1%. New listings on the market were up 15.7% compared to last year in February.

Conforming 30 year fixed mortgage rates are now in the high 5s and government loans in the low 5's.

Market Update for January 2026
Sales down and prices mixed
There are currently 2843 active single-family listings on the market in the Pikes Peak region compared to 2514 last year at this time which is a 13.1% increase in active listings.
The average sales price was down by .9% to $543,847 compared to January 2025 and was up 2.3% compared to December 2025. Sales were down in January by 8.5% for a total of 637 homes that closed in the Pikes Peak region, compared to 696 last January.

There are 535 condo/townhomes on the market compared to 505 last year at this time, which is a 5.9% decrease. The average price for Condo/townhomes is down 10.1% and the median price is down 11.8%. The median condo/townhome price is now $300,000.
Condo/Townhome sales are down 20.7%. New listings on the market are on par compared to last year in January.

New listings on the market were up 4.2% compared to last January.

Conforming 30 year fixed mortgage rates are now in the low 6's and government loans in the high 5's.

The median single family sales price was down 2.6% compared to January 2025 (same number of homes sold above as below) and is now $469,950. There is a 4.5 month supply of homes on the market.

The average days on market is currently 74 days.