The Colorado Springs Real Estate Market Report for June 2017
The Bottom line:
Our local real estate market continues to sour to new heights. June set another record for the most amount of homes sold in the recorded history of PPAR data. There appears to be no end to the home buyer demand in Colorado Springs. The numbers just keep rising and rising.
Let's take a look at the June 2017 real estate market for Colorado Springs:
June 2017 Colorado Springs Real Estate Statistics
- New Listings: 2,278 (Up +9.8% from last year)
- Sold Listings: 1,743 (Up +5.3% from last year)
- Total Active Listings: 2,162 (Down -18.1% from last year)
- Median Sales Price: $285,250 (Up +8.0% from last year)
- Total Under Contract: 2,822 (Down -3.3% from last year)
- List To Sold Price Ratio: 100.2% (Up +0.6% from last year)
- Days on the Market: 26 Days (Down -16.2% from last year)
The Colorado Spring's Spring Real Estate Market is Crazy!
In our market, homebuyers are struggling to get home's 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, 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 number, please contact us. We'd love to hear from you!
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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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