2014 Market at a Glance

Colorado Springs home prices rose in August 2014 with a month to month decrease of 3.26%, and a year to year increase of 1.53%, making the average sale price $258,398 and the median price $230,000. The number of Colorado Springs homes sold compared to August 2013 has increased 0.54%, with 7,546 units sold year to date. The number of Colorado Springs homes for sale compared to August 2013 has decreased 3.18% with 4,111 units active.  With decreasing inventory (meaning homes for sale), sellers should see a faster home sale!

 

Single Family/Patio

 

 

YTD 2013

 

 

YTD 2014

 

 

+ / –

 

 

 Closed Sales

 

 

7,641

 

 

7,546

 

 

-1.24%

 

 

 Median Sales Price

 

 

$220,000

 

 

$230,000

 

 

+4.55%

 

 

 Months Supply of Inventory

 

 

3.84

 

 

3.70

 

 

-3.70%

 

 

 

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