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.
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Colorado Springs Blog
January 2023 Colorado Springs real estate statistics: Home sales were slow, but prices stayed consistent. The average price was up 6.1%, and the median home price was flat at $445,000. Homes fetched an average of 98.2% of asking price, and the average days on market was up to 50 days.
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8 good reasons to buy real estate:
Real estate is known as a stable and consistent investment. Housing is a basic need. Rental homes are always in demand, but with the low vacancy rates in Colorado Springs right now, rental properties are at a premium. You can count on your home being rented immediately and consistently if you are with a good property management company. Continue reading →
December 2022 Colorado Springs real estate statistics: The December real estate market was slow. How slow? December of 2022 will be remembered as one of the slowest months in recent memory.
Prices fell a bit; the median down 2.0% from last year, and the average down 3.0%. The median sale price was 99.8%, showing prices are still holding firm. Homes are still selling for pretty close to asking price.
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November 2022 Colorado Springs real estate statistics: Inventory seems to have reached its summit, with current inventory at 2,424 homes for sale. Our one month supply is now at 78 days. Inventory is up 182.5% from last year, offering more choices for buyers and competition for sellers. Instead of falling, prices continue to rise, increasing at a much more moderate pace
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We’ve seen it all. We’re property management experts.
Nebraska tenants leave gas line open
A managed home explodes during a routine inspection. Continue reading →
October 2022 Colorado Springs real estate statistics: Here is a brief summary of some of the October data:
- Sales down 33.0% at 1,100 units
- Average price up 4.3% at $532,006
- Median price up 4.3% at $465,000
- Inventory of unsold homes up 150.5% at 2,648 homes
- Months supply of homes for sale 2.41
- Pending Sales 1,323
We’ve seen it all. We’re property management experts.
A routine inspection reveals a puppy mill
A routine inspection revealed one of our homes was being used to breed dogs. Continue reading →
Follow these tips to give lawns, plants, trees and shrubs a better chance of rebounding in the spring. Your landscape will maintain its health, and you’ll likely use less water in April and May. Continue reading →
September 2022 Colorado Springs real estate statistics: For the 4th month, inventory has increased, with 2,689 homes for sale. However, we have roughly the same number of homes for sale as we did last month. Other big takeaways are: Prices are still increasing; Median time on market is only 17 days; Inventory level is holding pretty steady.
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