Local Market Statistics

April 2018 Colorado Springs Real Estate Statistics

Michele Free - Tuesday, May 15, 2018

April 2018 Colorado Springs Real Estate Statistics: The price of a residential home in the Colorado Springs region is still climbing, now at $305,000. Since less people can afford that down payment, less homes are on the market, and sell quickly, there is more demand for Colorado Springs rentals. If you think it's too hard to rent out your home in Colorado Springs, think again! 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 Colorado Springs investment property as a rental. (719) 632-3368


April 2018 Colorado Springs Real Estate Statistics

Single Family Home Sales Price

Sales price of single family home according to the PPAR

Median for April 2018: $305,000 Median for April 2017: $275,000 Result: The median sales price of a home is still going up, $30,000 from last year at this time! This means there are less people who can afford to buy, meaning more people want to rent homes. Rental home availability is very low, so if you have an investment property you'd like to rent, or would like to buy a property to use as an investment property, call us today! We'll help you get your home ready for the rental market, and keep it rented!

Average Days on Market

April 2018: 25 days April 2017: 24 days Result: The average Days on Market is up 1 day from last year, not much of a change. But the numbers are more interesting if you look at February of this year, when the DoM was 40 days. This is good news for real estate investors who own Colorado Springs rental home--because it's harder to put a successful bid in on a home, more people will need to rent, meaning your rental property will stay rented!

Year-to-Date (YTD) Total Homes Sold

April 2018: 4399 homes sold April 2017: 4264 homes sold Result: The number of homes sold Year-to-Date is up 135 homes from last year, still a significant upward trend.

The Pikes Peak Association of Realtors (PPAR): https://ppar.com/MarketTrends.aspx

April 2018 Colorado Springs Real Estate Statistics: The price of a residential home in the Colorado Springs region is still climbing, now at $305,000. Since less people can afford that down payment, less homes are on the market, and sell quickly, there is more demand for Colorado Springs rentals. If you think it's too hard to rent out your home in Colorado Springs, think again! 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 Colorado Springs investment property as a rental. (719) 632-3368