November 2016 Colorado Springs Real Estate Statistics

Posted by Andrew Fortune on Monday, December 5th, 2016 at 5:47pm. 2,797 Views

November 2016 Colorado Springs Real Estate Market Report

 


The Colorado Springs Real Estate Market Report for November 2016

According to the new data released by the Pikes Peak Association of REALTORS® for November 2016, the Colorado Springs real estate market is slowing down for the holidays, but is still very busy.

The Bottom line:

As our market slows down for Winter, it is still going very strong. We sold over 30% more homes this November than we did last November.

Let's take a look at the November 2016 real estate market numbers for Colorado Springs:

November 2016 Colorado Springs Real Estate Statistics

  • New Listings: 992 (Up +.8.9% from last year)
  • Sold Listings: 1,196 (Up +31.9% from last year)
  • Total Active Listings: 1,932 (Down -26.5% from last year)
  • Median Sales Price: $256,566 (Up +7.5% from last year)
  • Total Under Contract: 2,238 (Up +12.0% from last year)
  • List To Sold Price Ratio: 99.1% (Up +0.5% from last year)
  • Days on the Market: 39 Days (Down 34% from last year)

The Colorado Springs Real Estate Market is Going Strong!

With sales still strong at this time in the season, it's highly likely that homes sales will be strong next year as well. 

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.

 

November 2016 Colorado Springs Real Estate Statistics for July 2016

 


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Andrew FortuneHi There! I'm 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 leave a comment in the message box below, or to share this article on social media 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 contact me anytime at andrew@greatcoloradohomes.com.



 

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3 Responses to "November 2016 Colorado Springs Real Estate Statistics"

Milly Claudia wrote: Great information. Thank you so much.

Posted on Thursday, December 15th, 2016 at 1:37am.

Gabe Sanders wrote: Very impressive market. Especially the 99% sales ratio and 39 DOM.

Posted on Saturday, December 17th, 2016 at 8:16am.

Real Estate Leads wrote: I actually like this post, really taught a lot! Thanks for the great content keep it up!

Posted on Friday, December 30th, 2016 at 2:52pm.

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