August 2017 Colorado Springs Real Estate Statistics

Posted by Andrew Fortune on Tuesday, September 5th, 2017 at 8:15am. 1,767 Views

August 2017 Colorado Springs Real Estate Market Statistics

 


The Colorado Springs Real Estate Market Report for August 2017

According to the new data released by the Pikes Peak Association of REALTORS® for August 2017, the Colorado Springs real estate market is hotter than ever.

The Bottom line:

August is the month when we see a typical shift from the Summer to Fall season. The Days on the Market and List to Sold Price Ration show the activity from all of the contracts written in the end of Summer, while the New Listing stat shows the slow down in current activity for the Fall season. It's the natural progression of our selling season, but our stats are still very impressive for this time of year.

Let's take a look at the August 2017 real estate market for Colorado Springs:

August 2017 Colorado Springs Real Estate Statistics

  • New Listings: 1,716 (Up +8.1% from last year)
  • Sold Listings: 1,658 (Up +12.5% from last year)
  • Total Active Listings: 2,284 (Down -14.12% from last year)
  • Median Sales Price: $282,750 (Up +6.3% from last year)
  • Total Under Contract: 2,544 (Down -14.3% from last year)
  • List To Sold Price Ratio: 100.2% (Up +0.8% from last year)
  • Days on the Market: 24 Days (Down -14.4% from last year)

The Colorado Spring's Spring Real Estate Market is Slowing Down for Winter!

Our market changes dramatically from Summer to Winter. This can have many different affects on the local home buying and selling process. It's a crucial time to choose a great REALTOR to work with, and there are some really good ones in this city. They'll help you safely navigate this crazy real estate market to find your next home.

If you have any questions about buying or selling a home, please let us know. We're here to help whenever you need us. You can CLICK HERE to meet our REALTOR®.

These numbers cover all of Colorado Springs, CO and the surrounding areas, including Black Forest, Broadmoor, Briargate, Divide, FlorissantFountain, Falcon, Gleneagle, Larkspur, Lake GeorgeManitou Springs, Monument, Northgate, Old Colorado City, Palmer Lake, Peyton, Powers, Rockrimmon, Security, Tri-Lakes, Widefield, Woodland Park, and Woodmoor areas. If you need a local Realtor to help you better understand these number, please contact us. We'd love to hear from you!

 

July 2017 Colorado Springs Real Estate Statistics

 


Click any of the links below to view the newest listed homes within that criteria.


Popular Colorado Springs Real Estate Searches


 

Our Latest Listings

(Click Any Address To View The 3D Tour)


 

Andrew FortuneHi There! I'm the founder of Great Colorado Homes and the creator of much of the content on this website. Thanks for taking the time to read this article. Please feel free to leave a comment in the message box below, or to share this article on social media with someone who might benefit from it. I appreciate your time here on this site and am always open to suggestions and ideas from our readers. Feel free to contact me anytime at andrew@greatcoloradohomes.com.



 

Our Most Recent Blog Posts:

 

GreatColoradoHomes.com Logo

Colorado Springs Real Estate Blog

1 Response to "August 2017 Colorado Springs Real Estate Statistics"

Tim wrote: I live in LA -- Lower Alabama! HAHA

Anyways, I am absolutely blown away by the land value in the Colorado area.
It really and truly is one of my most favorite places to visit. especially around the Denver area. Ive always wondered what it would be like to live there and if I ever have to money it'll be my first pick.

Posted on Thursday, September 7th, 2017 at 2:16pm.

Leave a Comment