July 2017 Colorado Springs Real Estate Statistics

Posted by Andrew Fortune on Tuesday, August 8th, 2017 at 8:04am. 1,986 Views

July 2017 Colorado Springs Real Estate Market Statistics

 


The Colorado Springs Real Estate Market Report for July 2017

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

The Bottom line:

 July was another month of low inventory and increased sales prices. Our median sales price is over 10% higher than this time last year. As this strong seller's market continues, home prices continue to rise in the area.

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

July 2017 Colorado Springs Real Estate Statistics

  • New Listings: 1,943 (Up +0.06% from last year)
  • Sold Listings: 1,646 (Up +10.8% from last year)
  • Total Active Listings: 2,366 (Down -14.9% from last year)
  • Median Sales Price: $285,000 (Up +10.7% from last year)
  • Total Under Contract: 2,637 (Down -.10.9% from last year)
  • List To Sold Price Ratio: 100.1% (Up +0.5% from last year)
  • Days on the Market: 22 Days (Down -22.4% from last year)

The Colorado Spring's Spring Real Estate Market is Still Crazy!

In our market, homebuyers are struggling to get homes under contract and to the closing table. This is 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. :)

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

 


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Andrew FortuneHi! I'm Andrew Fortune, 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 share this article 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 leave a comment in the box below.



 

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3 Responses to "July 2017 Colorado Springs Real Estate Statistics"

Gabe Sanders wrote: Pretty amazing stats. I wonder how much more room there is for growth before you see it slowing a bit. (Not counting for inventory shortages.)

Posted on Saturday, August 12th, 2017 at 1:57pm.

Real Estate Pipeline wrote: Helpful statistics to analyze the real estate market. Thanks for the post.

Posted on Friday, September 1st, 2017 at 6:57am.

Real Estate Marketing wrote: Nice Post.Thanks for sharing this report with us.. Keep up the good work.

Posted on Tuesday, September 12th, 2017 at 6:17am.

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