Q4 2019 Market Report Highlights
The final quarter of 2019 wrapped up the year with a continued slow and steady increase in home prices. While the Median Sales Price only increased $1,000 from Q3 to $330,000, there was an increase of over $25,000 from Q4 2018. Condos also saw an increase in prices however not as drastic. There’s still no relief for low inventory which continues to affect market competition and frustrates home buyers in Colorado Springs.
Colorado Springs Market Reports
Springs Homes has been producing market reports for Colorado Springs since 2010. The benefit of reading through these reports is to gain an understanding of the current market to see trends and to be able to predict what is coming up in the future.
Whether you are a home seller or a home buyer, these market reports will give you an in-depth understanding of the Colorado Springs market by area and price point which will give you an edge when heading toward your next sale or purchase of a home.