For those interested in how the Colorado Springs Real Estate market is doing below is a great overall visual representation. As you can see our days on market is increasing and looking more specifically at the months of supply by price range we continue to see that pricing is critical when it comes to how long a house is on the market.
Overall we are currently seeing 35 average days on market whereas the historical average is 69.
Pricing is up by 8% from the same time last year (2017) with the average sales price up to over $342,000.
For information on a specific property please call or text as I am happy to assist. Wishing you all a wonderful holiday season and end of 2018.
About the Author: Kelly Conner Young, GRI
Kelly is an Associate Broker with The Platinum Group Realtors. She has over 15 years experience in Real Estate in the Colorado Springs and Front Range region of Colorado. She represents buyers and sellers of real estate buying homes, land for sale and mountain property getaways. Specific areas include: Black Forest, Broadmoor, Colorado Springs, Divide, Falcon, Downtown, Manitou Springs, Monument, Old Colorado City, Westside, Woodmen Hills and Woodland Park. You can reach her at 719-226-0126 or by clicking "email the author" above.