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!
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!
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.
Colorado Springs has the US #1 neighborhood to buy investment property.
Colorado Springs has been listed as the #1 market to watch.
