Colorado Springs Real Estate Market

The colorado springs real estate market is facing a severe lack of inventory with 50 fewer homes available for sale than at this same time last year.

Colorado springs real estate market.

The metrics do not include for sale by owner transactions or all new construction. Colorado springs co housing market. Colorado springs is largely a sellers market where sellers hold the negotiating power. In 2019 home values increased 7 2 a sizable year over year change.

Colorado springs co real estate trends. It is a hot seller s real estate market. Search for new homes open houses recently sold homes and reduced price real estate in colorado springs. As of august 2020 the months supply of inventory is 0 8 down by 55 from last year.

Colorado springs home values have gone up 7 6 over the past year and zillow predicts they will fall 0 0 within the next year. Homes are typically worth 306 sqft. See homes in neighborhoods near colorado springs co. There are 2383 active homes for sale in colorado springs co which spend an average of 43 days on the market.

According to zillow s home value index the median home value is 302 900. The median list price per square foot in colorado springs is 270 which is higher than the colorado springs metro average of 268. Learn about the colorado springs co housing market through trends and averages. The colorado association of realtors car monthly market statistical reports are based on data provided by multiple listing services mls in colorado.

August 2020 the housing market in colorado springs co is a buyer s market which means there are roughly more active homes for sale than there are buyers. These reports represent all mls listed residential real estate transactions in the state. Affordability of living in colorado springs co.