Local Market Statistics

August 2017 Colorado Springs Real Estate Statistics

Michele Free - Sunday, September 17, 2017

August 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 to rent out your house 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 

august market statistics

Single Family Home Sales Price

Average sales price of single family home according to the PPAR

August 2017: $313,781 August 2016: $295,877 Result: Although the average home price has dropped over the last 3 months, it is still up over the 2016 price by $18K.

Average Days on Market

August 2017: 24 days August 2016: 28 days January 2017:  44 days Result: Homes are still selling faster--4 days faster than this time last year, and 20 days faster than in January.

List to Sales Price Ratio (LP:SP)

Average: 100.2%

Year-to-Date (YTD) Total Homes Sold

August 2017: 10,941 homes sold August 2016: 10,243 homes sold August 2014: 7,545 homes sold Result: Total is up 698 homes sold over the same period in 2016. It is up 3,396 homes sold in 2014.

Get more real estate statistics:

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

August 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 to rent out your house 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