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!
Tag: PPAR
February 2021 Colorado Springs real estate statistics: Home prices continue climbing, with double-digit gains over last year. This is mainly due to high demand and low supply from the pandemic. The median home price surpassed $400,000, something we’ve never seen before. This price is up 18.2% from February of last year. The average price went up 17.6% to $454,900. Home inventory is staying very low, with 471 homes for sale in the entire Pikes Peak Region.
January 2021 Colorado Springs real estate statistics: Colorado Springs has a record strong seller’s market, and record low inventory. Only 460 homes were for sale last month for the whole PPAR area. Comparatively, there were 1,192 homes for sale in January last year. The COVID-19 pandemic has put a huge strain on our inventory. Homes are selling fast, needing little marketing.
November 2020 real estate statistics: The lack of inventory in the Colorado Springs housing market broke records this month and fell to only 680 homes for sale in the entire Pikes Peak Region. This equates to 14 days inventory.
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August 2020 Colorado Springs real estate statistics: August 2020 didn’t beat July’s record sales, but came close. For the 2nd time, we had all-time high record sales of 1,771 homes, up 14.9% from last year. Continue reading →
July 2020 Colorado Springs real estate statistics: Although July 2020 did not show the end of the COVID pandemic, the local PPAR MLS real estate market broke all-time records. Continue reading →