July 2017 Colorado Springs real estate statistics show that there is less family housing available in the average price range, and that these homes are selling for more than 100% their asking value. Less homes to buy means there’s more demand for rentals! It’s not as hard as you may think! We can guide you through the process every step of the way. Call All Seasons today to find out how you can make money by offering your home as a Colorado Springs rental. (719) 632-3368
Single Family Home Sales Price
Average sales price of single family home according to the PPAR
In the past 20 years the average sales price of single family homes has more than doubled:
July 1997: $153,013
July 2017: $323,247
Result: Homes have doubled their price!
July 2017 Colorado Springs Real Estate Statistics
Average Days on Market
January 2017: 22 days
July 2017: 44 days
Result: Days on market is lower by half
July 2017 Colorado Springs Real Estate Statistics
List to Sales Price Ratio (LP:SP)
Average: 100% or higher
Lowest: 98%
Highest: 102.7%
Price range most sold:
1st: 720 homes in $200K range sold
2nd: 402 homes in $300K range sold
Total Value of Homes Sold
July 2017: 1,646 homes sold, total $532,065,894
Jan-July 2017: 9,284 homes sold, total $2,911,945,168
Result: Total is up 17.4% over the same period in 2016
July 2017 Colorado Springs Real Estate Statistics
Read more:
The Pikes Peak Association of Realtors (PPAR): https://ppar.com/MarketTrends.aspx
July 2017 Colorado Springs real estate statistics show that there is less family housing available in the average price range, and that these homes are selling for more than 100% their asking value.
Less homes to buy means there’s more demand for rentals! It’s not as hard as you may think. We can guide you through the process every step of the way. Call All Seasons today to find out how you can make money by offering your home as a Colorado Springs rental. (719) 632-3368
