Local Market Statistics

October 2017 Colorado Springs Real Estate Statistics

Michele Free - Thursday, November 2, 2017

October 2017 Colorado Springs real estate statistics show that home sales are highest in summer, dropping as we head into winter. But while October sales show the normal drop off in sales, we're still above last year.That means there's more demand for rentals, and 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 home as a Colorado Springs rental. (719) 632-3368 

october real estate statistics

Single Family Home Sales Price

Sales price of single family home according to the PPAR

Average for October 2017: $317,112 Median for October 2017: $280,538 Result: The average and median prices of homes continues to rise, even with fewer sales – 2.4% higher than September and 7.9% higher than October 2016.

Average Days on Market

October 2017: 29 days September 2017: 26 days Result: The average days on market has increased by 3 from last month, it is still way below this year's high of 44 days.

Year-to-Date (YTD) Total Homes Sold

October 2017: 12,449 homes sold September 2016: 11,624 homes sold Result: Higher home prices have resulted in an increase of 18% in total YTD volume over 2016 YTD.

Get more real estate statistics:

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

October 2017 Colorado Springs real estate statistics show that home sales are highest in summer, dropping as we head into winter. But while October sales show the normal drop off in sales, we're still above last year.That means there's more demand for rentals, and 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 home as a Colorado Springs rental. (719) 632-3368