The Colorado Springs Real Estate Market Report for March 2018
According to the new data released by the Pikes Peak Association of REALTORS® for March 2018, the Colorado Springs real estate market is showing signs of a possible slow down.
The Bottom line:
The Median Sales Price has just reached a record high of $300,000. At the same time, our overall sales have dropped by 1%. This may mean that we will experience a slow down soon, which is very much needed for our market to balance out and being home prices to a more reasonable level.
Let's take a look at the March 2018 real estate market for Colorado Springs:
March 2018 Colorado Springs Real Estate Statistics
- New Listings: 1,758 (Down -0.1% from last