The Colorado Springs Real Estate Market Insider Report for January 2019
The Bottom line:
The most interesting statistic is that we now have over 30% more homes on the market, as compared to last year. This should keep home prices from getting out of control this Summer.
Let's take a look at the January 2019 real estate market for Colorado Springs:
January 2019 Colorado Springs Real Estate Statistics
- New Listings: 1,250 Up +7.5% from last year)
- Sold Listings: 903 (Down -3.8% from last year)
- Total Active Listings: 1,616 (Up +30.7% from last year)
- Median Sales Price: $303,450 (Up +2.9% from last year)
- List To Sold Price Ratio: 99.0% (Down -0.1% from last year)
- Days on the Market: 46 Days (Up 54.5% from last year)
The Colorado Spring's Real Estate Market Is Shifting.
We have had a slightly lower number of sales in the Pike's Peak area for 13 out of the last 14 months, but prices haven't stopped rising. We're in a strange market. 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, Florissant, Fountain, Falcon, Gleneagle, Larkspur, Lake George, Manitou 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 numbers, please contact us. We'd love to hear from you!
Based on information from the Pikes Peak REALTOR® Services Corp. ("RSC"), for the period January 1, 2019 through January 31, 2019. RSC does not guarantee or is in any way responsible for its accuracy. Data maintained by RSC may not reflect all real estate activity in the market.
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