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!
New Listings: 995
This number is up 6.0% from last year, when it was 939.
Total Residential Sales: 1,443
This number is up 4.8% since last year, for the first time in awhile. Last year it was 1,376.
Total Active Listings: 659
This is up 26.7% from last year, when it was 530.
Total Under Contract: 2,412
This is 15.5% less than last year, when it was 2,854.
Median Price of Home: $450,000
Up 18.4% from last year, when it was $379,999.
Average Price of Home: $505,852
This is up 15.7% from last year, when it was $437,635.
Note: The median home price is the most common sales price of all the homes sold in December 2021. The average sales price is the combined average of all sold properties for the same period.
Average Days on Market: 16
Homes are selling faster than last year, when it took 19 days to sell a home. A change that reflects a seller’s market.
YTD Total Sales: 18,159
Up 4.75% from last year, when we had 15,961 Year-to-Date total sales.
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.
All County® is here for you!
Want to know more about the Colorado Springs market?
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