April 2023 Colorado Springs real estate statistics: April 2023 was a slow month. Prices remained essentially flat from March, and actually declined 5.3% from 2022.
What does the real estate market in April tell us about rental homes? More rental homes are still needed. 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 still needed. 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: 1,495
This number is down 32.7% from last year, when it was 2,223.
Total Residential Sales: 1,090
This number is down 26.8% from last year, when it was 1,489.
Total Active Listings: 1,590
This is up 64.1% from last year, when it was 969.
Median Price of Home: $459,000
This number is down 5.3% from last year, when it was $484,450.
Average Days on Market: 39
Homes are taking 225% longer to sell than last year, when it took 12 days to sell a home.
Summary
April 2023 Colorado Springs real estate statistics: April 2023 Colorado Springs real estate statistics: April 2023 was a slow month. Prices remained essentially flat from March, and actually declined 5.3% from 2022.
What does the real estate market in April tell us about rental homes? More rental homes are still needed. 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.
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