The Colorado Springs Real Estate Market Insider Report: March 2019
The Bottom line:
March was a very busy month. It felt similar to this time last year when the inventory was very low and buyers in the lower price ranges had a hard getting their offers accepted.
Let's take a look at the March 2019 real estate market for Colorado Springs:
March 2019 Colorado Springs Real Estate Statistics
- New Listings: 1,525 Down -13.3% from last year)
- Sold Listings: 1,224 (Down -0.6% from last year)
- Total Active Listings: 1,461 (Up +6.6% from last year)
- Median Sales Price: $315,000 (Up +5.0% from last year)
- List To Sold Price Ratio: 99.0% (Down -1.1% from last year)
- Days on the Market: 36 Days (Up 7.7% from last year)
The Colorado Spring's Real Estate Market Is Still Hot.
Many people predicted that we would see our local market slow down in 2019, but so far that has not been the case. While the denver market continues to cool off, Colorado Springs holds strong. 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 March 1, 2019 through March 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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