By Guest on Monday, 16 February 2015
Category: Real Estate Statistics & Analysis

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%