The Colorado Springs Real Estate Market Insider Report for November 2018
According to the new data released by the Pikes Peak Association of REALTORS® for November 2018, the Colorado Springs real estate market is showing signs of a possible slow down.
The Bottom line:
November showed 12.7% drop in sales from last year while our median sales price still increased by 8%. The most interesting statistics it that we now have over 23% more homes listed this November as compared to last year.
Let's take a look at the November 2018 real estate market for Colorado Springs:
November 2018 Colorado Springs Real Estate Statistics
- New Listings: 1,110 (Up +2.8% from last year)
- Sold Listings: 1,096 (Down -12.7%