October 2018 Colorado Springs Real Estate Statistics

The Seller’s Market trend of the past few years is definitely cooling off. Year-over-year homes sales are still dropping. The Days on Market has extended to a bit over a month, 31 days. Although a buyer’s market is emerging, the PPAR market still needs more family-priced residential homes to rent. Continue reading →

Imagine this scenario. You’re stationed in Colorado Springs. You buy a home for your family because you love it here. But now you have ordered and must move. You don’t have time to sell your home, or the real estate market just isn’t right for you to make money right now. A friend mentions you could rent out your home while you’re gone, and even make a little money. Here’s how a military family can rent their home fast. Continue reading →

August showed a 7.8% drop in sales, while also showing a 10.3% increase in the median home price. The national real estate market appears to be slowing down, but our local housing demand is keeping home prices high in our area. This means that the PPAR market needs more average-priced residential homes to rent. Continue reading →

The Seller’s Market trend of the past few years appears to be cooling off. Year-over-year homes sales are dropping slightly and our typical sales price increases are slowing down. Although the Days on Market remains almost half what it was in February of this year, people are having a harder time finding homes in the average price range. This means that the PPAR market needs more average-priced residential homes to rent. Continue reading →