The Colorado Springs Real Estate Market Report for August 2018
According to the new data released by the Pikes Peak Association of REALTORS® for August 2018, the Colorado Springs real estate market is showing signs of a possible slow down.
The Bottom line:
August showed a 7.8% drop in sales, while also showing a 10.3% increase in the median home price. The national real estate market appears to be slowing down, but our local housing demand is keeping home prices high in our area.
Let's take a look at the August 2018 real estate market for Colorado Springs:
August 2018 Colorado Springs Real Estate Statistics
- New Listings: 1,786 (Down +4.0% from last year)
- Sold Listings: 1,529 (Down -7.8% from last