September 2019 Local Real Estate Stats Colorado Springs: What does the real estate market in September tell us about rental homes? Home prices are still rising and there are less active listings in the Colorado Springs metro area. This means more people are having trouble affording to buy a new home, and the PPAR market needs more rental homes. If you have investment property you’d like to rent, call us today at (719) 445-7172 Here are some of the numbers in the PPAR region for September. You can read more by clicking here: https://ppar.com/MarketTrends.aspx

Total Residential Sales: 1,394

This number is up 6.3% from last year, pretty much staying the same.

Total Active Listings: 2,087

This is down 14.7% from September of 2018.

Median Price of Home: $325,500

Still rising, up 6.5% from last year at this time, but down a bit from last month.

Average Days on Market: 27

Down 3.8% from last year. One of the statistics you want to be down, so this is good news for the market.

Summary

Home prices are still rising. The PPAR region still needs more rental homes so that people who can’t afford to buy but still want a nice home for their family can find a rental.

What do the September 2019 local real estate stats for Colorado Springs tell us about rental homes? It’s a great time to have a Colorado Springs investment home, and a great time to rent a home in Colorado Springs! Check out our available rentals at: http://allcountycs.com/available-rentals

Call us today at: (719) 445-7172 for more information about renting out your home in Colorado Springs. We handle single-family rental homes, as well multiple family dwellings.

All County® is here for you!

August 2019 Local Real Estate Stats Colorado Springs: What does the real estate market in August tell us about rental homes? Home prices are still rising and there are less active listings in the Colorado Springs metro area. This means more people are having trouble affording to buy a new home, and the PPAR market needs more rental homes. If you have investment property you’d like to rent, call us today at (719) 445-7172 Here are some of the numbers in the PPAR region for August. You can read more by clicking here: https://ppar.com/MarketTrends.aspx

Total Residential Sales: 1,542

This number is up 0.8% from last year, pretty much staying the same.

Total Active Listings: 2,194

This is down a whopping 9.1% from August of 2018, but about the same as last month. Steady as she goes.

Median Price of Home: $330,000

Still rising, up 4.8% from last year at this time, but down a bit from last month.

Average Days on Market: 22

Down a big 15.4% from last year. One of the statistics you want to be down, so this is good news for the market.

Summary

Home prices are still rising. The PPAR region still needs more rental homes so that people who can’t afford to buy but still want a nice home for their family can find a rental.

What do the August 2019 local real estate stats for Colorado Springs tell us about rental homes? It’s a great time to have a Colorado Springs investment home, and a great time to rent a home in Colorado Springs! Check out our available rentals at: http://allcountycs.com/available-rentals

Call us today at: (719) 445-7172 for more information about renting out your home in Colorado Springs. We handle single-family rental homes, as well multiple family dwellings.

All County® is here for you!

With home prices skyrocketing in the Colorado Springs metro area, more people are having trouble affording to buy a new home. The PPAR market needs an influx of homes to rent. If you have investment property you’d like to rent, call us today at (719) 445-7172 Here are some of the numbers in the PPAR region for June. You can read more by clicking here: https://ppar.com/MarketTrends.aspx

Total Residential Sales: 1,651

This number is down 4.9% from last year, reflecting rising home prices.

Total Active Listings: 2,123

This is down 1.7% from June of 2018.

Median Price of Home: $331,000

Still rising, up 16% from last year at this time, when it was $285,250. As home prices rise, the market needs more rental homes.

Average Days on Market: 24

This number usually goes down during the summer. Last year it was 21, showing DoM is up 14.3% this year

Summary

Home prices are rising fast. There are just not enough homes in the price range most people want in the PPAR region.

What does all of this mean? It’s a great time to have a Colorado Springs investment home, and a great time to rent a home in Colorado Springs! Check out our available rentals at: http://allcountycs.com/available-rentals

Call us today at: (719) 445-7172 for more information about renting out your home in Colorado Springs.

All County is here for you!