Colorado Springs Real Estate

We continue to see indicators of a strong real estate market, even into the fall season, which is wonderful news! With a new month means new local real estate market conditions in El Paso County, Colorado. Check out the market insights of what September looked like and how it may affect you if you are planning on selling or  buying a Colorado Springs home . Average Days On Market While inventory is increasing, the average days on the market is still very low at just 26 days, compared to the historically recorded 67 days. Because of the lack of inventory, and steady increase of motivated buyers, homes are still selling quickly. This is great news for the seller who's hoping to move their property quickly. Listing vs. Sales Prices We continue to see strong list price vs. sales price as sellers are receiving an incredible 99.9% of their asking price. The historical average is 96.3% for the El Paso County area within this time of year. Inventory being low is playing a factor i...

We're beginning to see a rise in the real estate market, which compared to the previous quarter is wonderful news! With a new month means new local real estate market conditions in El Paso County, Colorado. Check out the market insights of what March looked like and how it may affect you if you are planning on selling or  buying a Colorado Springs home . Average Days On Market As of March, we still saw a lower average of inventory sitting just 36 days on the market, compared to the historically recorded 67 days. Because of a lack of inventory, homes are selling more quickly, leaving the market looking pretty bare. Now we are seeing a slight increase in inventory as we gain traction into the 2nd quarter. However, the low inventory tells us this quicker sell time could continue until the market sees a surge in available properties for sale. This is great news for the seller who's hoping to move their property quickly. Listing vs. Sales Prices Sales prices as of March hav...