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!
New Listings: 1,201
This number is up 9.0% from last year, when it was 1,102.
Total Residential Sales: 1,466
This number is down 1.1% from last year, when it was 1,482.
Total Active Listings: 855
This is up 26.7% from last year, when it was 675.
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 4.86% from last year, when it was $380,000.
Average Price of Home: $507,507
This is up 2.0% from last year, when it was $429,163.
Note: The median home price is the most common sales price of all the homes sold in November 2021. The average sales price is the combined average of all sold properties for the same period.
Average Days on Market: 14
Homes are selling faster than last year, when it took 20 days to sell a home. A change that reflects a seller’s market.
YTD Total Sales: 16,716
Up 4.73% from last year, when we had 15,961 Year-to-Date total sales.
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.
All County® is here for you!
Want to know more about the Colorado Springs market?
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