August 2022 Colorado Springs real estate statistics: While sales have slowed some since spring, and the inventory is at a several year high, prices have held strong.
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Category: Real Estate Stats
July 2022 Colorado Springs real estate statistics: Increase in inventory has defined our local real estate market over the last year, and it hasn’t slowed down. July’s median home price is 11% higher than last July. There are no signs of a housing market crash in Colorado Springs, but a shift is happening. Even with interest rates rising, housing prices are increasing in the Pikes Peak region. The home inventory is finally enough to meet the demand for single-family homes in Colorado Springs, a relief to buyers.
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June 2022 Colorado Springs real estate statistics: The most significant statistic is the increase in inventory. This is the first month we are seeing over 2,000 homes for sale since the start of the pandemic, a relief to our market’s buyers. It is important to note that this inventory level is similar to the levels in 2019 & 2019, so the PPAR market is getting back to normal levels.
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May 2022 Colorado Springs real estate statistics: The main takeaways from last month are: homes sold for 3.1% over list price on average; median time on market is only 4 days; inventory is up quite a bit at 1,355 homes for sale.
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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.
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March 2022 Colorado Springs real estate statistics: Last month set records for Pikes Peak area real estate. 1,361 homes were sold, the most for March, ever. The median and average prices also broke previous records. Average price increased to $539,555. Median price increased to $475,000. For 2022, we’re expecting more homes on the market and a price appreciation to slow. Interest rates will rise this year, decreasing buying power for buyers.
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February 2022 Colorado Springs real estate statistics: What does the real estate market in February 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!
January 2022 Real Estate Statistics: This month, we have something special. Take a look at the general statistics for all Colorado Counties below. Click on the chart below to see a bigger version.
December 2021 Colorado Springs real estate statistics: What does the real estate market in December 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!
November 2021 Colorado Springs real estate statistics: What does the real estate market in November 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!