The Colorado Springs Real Estate Market Report for May 2017
According to the new data released by the Pikes Peak Association of REALTORS® for May 2017, the Colorado Springs real estate market is on hotter than ever.
The Bottom line:
May set another record for the most amount of homes sold in any previously recorded month of May. The interesting part is that we also had 10% fewer contracts written than in May of last year. This means that June's sales may be lower than expected. If so, this will most likely be due to the lack of homes available for sale in Colorado Springs.
Let's take a look at the May 2017 real estate market numbers for Colorado Springs:
May 2017 Colorado Springs Real Estate Statistics
- New Listings: