April 2022 Real Estate Statistics

May 17, 2022
Blog , Real Estate Stats
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April 2022 Colorado Springs real estate statistics: Last month set real estate records in the Pikes Peak Region for the median price and average price of homes. The average price increased 16.6% to $561,631. This is up almost $80,000 up from last April.

What does the real estate market in April tell us about rental homes? More rental homes are needed for all the folks who cannot buy homes because of the low inventory. If you have investment property you’d like to rent out, call us today at (719) 445-7172. This is the perfect time to rent your home!

Colorado Springs real estate report from All County® Colorado Springs
Colorado Springs real estate report from All County® Colorado Springs

New Listings: 2,223

This number is up 18.3% from last year, when it was 1,879.

Total Residential Sales: 1,489

This number has not changed from last year, when it was also 1,489!

Total Active Listings: 969

This is up 74.0% from last year, when it was 557.

Total Under Contract: 2,582

This has not changed from last year, when it was also 2,582!

Median Price of Home: $484,450

Up 14.0% from last year, when it was $425,000.

Average Price of Home: $561,907

This is up 16.6% from last year, when it was $481,857.

Note: The median home price is the most common sales price of all the homes sold in April 2022. The average sales price is the combined average of all sold properties for the same period.

Average Days on Market: 12

Homes are selling at 33.3% slower from last year, when it took 9 days to sell a home.

YTD Total Sales: 4,919

Up 2.9% from last year, when we had 4,780 Year-to-Date total sales.

Summary

April 2022 Colorado Springs real estate statistics: Last month set real estate records in the Pikes Peak Region for the median price and average price of homes. The average price increased 16.6% to $561,631. This is up almost $80,000 up from last April.

What does the real estate market in April tell us about rental homes? More rental homes are needed for all the folks who cannot buy homes because of the low inventory. If you have investment property you’d like to rent out, call us today at (719) 445-7172. This is the perfect time to rent your home.

All County® is here for you!

Want to know more about the Colorado Springs market?

Colorado Springs has been ranked as the #6 best place to live in the US.

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