First Integrity Title Market Report

Colorado Springs, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Colorado Springs, CO

Wed Aug 04 2021
This week the median list price for Colorado Springs, CO is $538,450 with the market action index hovering around 94. This is less than last month's market action index of 95. Inventory has held steady at or around 486. Click here to stay informed with the Colorado Springs market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Colorado Springs, CO

Wed Aug 04 2021
This week the median list price for Colorado Springs, CO is $538,450 with the market action index hovering around 94. This is less than last month's market action index of 95. Inventory has held steady at or around 486. Click here to stay informed with the Colorado Springs market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Colorado Springs market.
Median List Price $538,450
Median Price of New Listings $450,000
Per Square Foot $203
Average Days on Market 39
Median Days on Market 14
Price Decreased 27%
Price Increased 9%
Relisted 4%
Inventory 486
Median Rent $1,895
Market Action 94
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,250,000 5,041 0.5 - 1 acre 5 4 19 21 10 42
$630,000 3,436 6,500 - 8,000 sqft 4 3 16 36 39 14
$475,945 2,653 6,500 - 8,000 sqft 4 2 22 53 54 7
$379,450 1,745 6,500 - 8,000 sqft 3 2 50 74 80 0