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.

What does the real estate market in January tell us about rental homes? More rental homes are still needed. 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: 965

This number is down 18.2% from last year, when it was 1,180.

Total Residential Sales: 739

This number is down 30.2% from last year, when it was 1,058.

Total Active Listings: 1,639

This is up a huge 198.5% from last year, when it was 549.

Median Price of Home: $445,000

Same as last year.

Average Days on Market: 50

Homes are taking 233.3% longer to sell than last year, when it took 15 days to sell a home.

Summary

January 2023 Colorado Springs real estate statistics: 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.

What does the real estate market in January tell us about rental homes? More rental homes are still needed. 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.

Colorado Springs has been listed as the #1 market to watch.