Local Market Statistics

March 2018 Colorado Springs Real Estate Statistics

Michele Free - Thursday, April 5, 2018

March 2018 Colorado Springs Real Estate Statistics: The price of a residential home in the Colorado Springs region is still high, at $300,000. Since less people can afford that down payment, 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 

March 2018 Colorado Springs Real Estate Statistics

Single Family Home Sales Price

Sales price of single family home according to the PPAR

Median for March 2018: $300,000 Median for March 2017: $268,000 Result: The median sales price of a home is still go. 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

March 2018: 28 days March 2017: 36 days Result: The average Days on Market dropped 8 days from last year, more than a week! This is good news for sellers, and for investors who own Colorado Springs investment properties, because it's harder to put a successful bid in on a home.

Year-to-Date (YTD) Total Homes Sold

March 2018: 3114 homes sold March 2017: 2955 homes sold Result: The number of homes sold Year-to-Date is up 159 homes from last year, still a significant upward trend.

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

March 2018 Colorado Springs Real Estate Statistics: The price of a residential home in the Colorado Springs region is still high, at $300,0o0. Since less people can afford that down payment, 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