Last Month's Market Analysis

The noteworthy item this month is the increase in average sales price over a span of two years. In June 2015 the average sales price of single family and patio homes was $279,241. In June 2017 the average price was $326,263 which is an increase of $47,022! In that same time frame the median price also increased from $250,000 to $285,250. The average Days on Market is at an all-time low at just 26 days. The List Price to Sale Price (LP:SP) ratio is 100.3% with the majority of homes sold in the $200K price range followed by sales in the $300K range. Of the 16 MLS areas that make up the Colorado Springs metro area, the lowest LP:SP ratio was 99.2% while the highest was 101.9%. We are still seeing a decrease in the number of homes available for sale which is down 18.1% from June 2016 but we have seen an increase in these numbers each of the past 5 months.

Housing Statistics

New Listings The Past 5 Years

Homes For Sale

Recent Total Properties For Sale

Average and Median Price

Average & Median Sales Prices

Average Days On Market

Average Days On Market

Total Under Contract Listing

Listings Under Contract

Total Sales YTD

Total Properties Sold

Residential Home Sales

Recent Total Residential Sales

Listing and Sales Summary

Monthly Sales Summary