The Colorado Springs Real Estate Market Insider Report: July 2019
The Bottom line:
This July broke the record for homes sold in comparison with every other July in our MLS' history.
Let's take a look at the July 2019 real estate market for Colorado Springs:
July 2019 Colorado Springs Real Estate Statistics
- New Listings: 1,852 (Down -1.7% from last year)
- Sold Listings: 1,662 (Up +4.4% from last year)
- Total Active Listings: 2,199 (Down -7.8% from last year)
- Median Sales Price: $332,000 (Up +7.8% from last year)
- List To Sold Price Ratio: 100.0% (Same as last year)
- Days on the Market: 23 Days (Up +4.4% from last year)
The Colorado Spring's Real Estate Market Is Doing Great!
Our local real estate market in Colorado Springs is strong. It favors sellers right now. While the rest of the country experiences a slight slowdown, our economy is booming. Our market is very unpredictable though. 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 July 1, 2019 through July 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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Hi! 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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