October 2018 Colorado Springs Real Estate Statistics

November 15, 2018
Real Estate Stats

October 2018 Colorado Springs Real Estate Statistics

The Seller’s Market trend of the past few years is definitely cooling off. Year-over-year homes sales are still dropping. The Days on Market has extended to a bit over a month, 31 days. Although a buyer’s market is emerging, the PPAR market still needs more family-priced residential homes to rent.

If you have a home to rent, are interested in renting out your home, call us today at (719) 445-7172 Here are some of the numbers in the PPAR region for October 2018. You can read more by clicking here: https://ppar.com/MarketTrends.aspx

Total Residential Sales: 1,320

Last Year: 1,431. This is down 7.8%, a large drop.


Total Homes for Sale: 2,375

Last year: 1,937. This is down from last month a bit, bit still up a lot from last year.


Median Price of Home: $305,000

Last year: $280,538. This is up 8.1%.


Average Days on Market: 31

This is about the same as last year, when it was 29. But it is down significantly from the first time we’ve gone over a month since February.



Home prices are still high, and are selling slower. PPAR is becoming a buyer’s market. However, there are still not enough homes in the PPAR region in the price range most people want to rent.

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!

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