Local Market Statistics

Current local real estate market statistics and data for Colorado Springs, CO and the surrounding areas, including Black Forest, Broadmoor, Briargate, Fountain, Falcon, Gleneagle, Larkspur, Manitou Springs, Monument, Northgate, Old Colorado City, Palmer Lake, Peyton, Powers, Rockrimmon, Security, Tri-Lakes, Widefield, Woodland Park, and Woodmoor areas.

Found 38 blog entries about Local Market Statistics.

August 2017 Colorado Springs Real Estate Market Statistics

 

The Colorado Springs Real Estate Market Report for August 2017

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

The Bottom line:

August is the month when we see a typical shift from the Summer to Fall season. The Days on the Market and List to Sold Price Ration show the activity from all of the contracts written in the end of Summer, while the New Listing stat shows the slow down in current activity for the Fall season. It's the natural progression of our selling season, but our stats are still very impressive for this time of year.

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

August 2017

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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
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June 2017 Colorado Springs Real Estate Market Statistics

 

The Colorado Springs Real Estate Market Report for June 2017

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

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)
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May 2017 Colorado Springs Real Estate Market Statistics

 

The Colorado Springs Real Estate Market Report for May 2017

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

The Bottom line:

May set another record for the most amount of homes sold in any previously recorded month of May. The interesting part is that we also had 10% fewer contracts written than in May of last year. This means that June's sales may be lower than expected. If so, this will most likely be due to the lack of homes available for sale in Colorado Springs.

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

May 2017 Colorado Springs Real Estate Statistics

  • New Listings:
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April 2017 Colorado Springs Real Estate Market Report

 

The Colorado Springs Real Estate Market Report for April 2017

According to the new data released by the Pikes Peak Association of REALTORS® for April 2017, the Colorado Springs real estate market is slowing due to a lack of inventory.

The Bottom line:

April was another month of fewer listings and more sales. Our sales appear to be slowing down though as our inventory shrinks. This is the first time we have had an average List Price to Sales Price ratio over 100%. It's a tough market for home buyers.

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

April 2017 Colorado Springs Real Estate Statistics

  • New Listings: 1,817 (Down +6.9% from last year)
  • Sold Listings: 1,309 (Up +3.2% from
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March 2017 Colorado Springs Real Estate Market Report

 

The Colorado Springs Real Estate Market Report for March 2017

According to the new data released by the Pikes Peak Association of REALTORS® for March 2017, the Colorado Springs real estate market is ramping up and appears to be on track to set new records this year.

The Bottom line:

We had a 5.4% decrease in the amount of contracts written in comparison to the previous year. The competitive nature of our real estate market is making it harder for buyers to find homes right now, so some of them are giving up. This strong buyer demand is also pushing prices even higher, as we've seen an increase of 12% since this time last year.

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

March 2017

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February 2017 Colorado Springs Real Estate Market Report

 

The Colorado Springs Real Estate Market Report for February 2017

According to the new data released by the Pikes Peak Association of REALTORS® for February 2017, the Colorado Springs real estate market is ramping up and appears to be on track to set new records this year.

The Bottom line:

This is the first month in many months that we have seen a decrease in the amount of homes sold and an increase in the amount of homes listed, in comparison to the previous year.

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

February 2017 Colorado Springs Real Estate Statistics

  • New Listings: 1,273 (Up +1.1% from last year)
  • Sold Listings: 800 (Down -8.1% from last year)
  • Total Active
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January 2017 Colorado Springs Real Estate Market Report

 

The Colorado Springs Real Estate Market Report for January 2017

According to the new data released by the Pikes Peak Association of REALTORS® for January 2017, the Colorado Springs real estate market is ramping up and appears to be on track to set new records this year.

The Bottom line:

We have 30% fewer homes on the market than this time last year. We need more homes for sale!

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

January 2017 Colorado Springs Real Estate Statistics

  • New Listings: 968 (UDown -13.1% from last year)
  • Sold Listings: 908 (Up +7.5% from last year)
  • Total Active Listings: 1,331 (Down -30.8% from last year)
  • Median Sales Price: $265,000 (Up +10.6% from last
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November 2016 Colorado Springs Real Estate Market Report

 

The Colorado Springs Real Estate Market Report for December 2016

According to the new data released by the Pikes Peak Association of REALTORS® for December 2016, the Colorado Springs real estate market is slowing down for the Winter but is still one of the busiest markets on record.

The Bottom line:

As our market slows down for Winter, but not as slow as expected. We still sold 8.7% more homes than we did last year at this time and last year was a record year. There is no slowing down this market right now!

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

December 2016 Colorado Springs Real Estate Statistics

  • New Listings: 763 (Up -2.2% from last year)
  • Sold Listings: 1,196 (Up
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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
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