First Integrity Title Market Report

Colorado Springs, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Colorado Springs, CO

Sat Aug 13 2022
This week the median list price for Colorado Springs, CO is $524,707 with the market action index hovering around 56. This is less than last month's market action index of 68. Inventory has increased to 1,558. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Colorado Springs, CO

Sat Aug 13 2022
This week the median list price for Colorado Springs, CO is $524,707 with the market action index hovering around 56. This is less than last month's market action index of 68. Inventory has increased to 1,558. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Colorado Springs market.
Median List Price $524,707
Median Price of New Listings $522,079
Per Square Foot $221
Average Days on Market 41
Median Days on Market 28
Price Decreased 49%
Price Increased 4%
Relisted 16%
Inventory 1,558
Median Rent
Market Action 56
Strong Seller's Market

The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

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
$875,000 4,044 0.25 - 0.5 acre 4 3.5 15 42 46 42
$583,084 2,978 6,500 - 8,000 sqft 4 3 16 84 50 21
$475,000 2,238 4,500 - 6,500 sqft 4 2.5 23 58 54 21
$399,999 1,655 6,500 - 8,000 sqft 3 2 51 72 84 21