First American Market Report

Colorado Springs, CO

Single-Family Homes

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Colorado Springs, CO

Tue Feb 18 2020
This week the median list price for Colorado Springs, CO is $516,450 with the market action index hovering around 55. This is an increase over last month's market action index of 51. Inventory has held steady at or around 500. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Colorado Springs, CO

Tue Feb 18 2020
This week the median list price for Colorado Springs, CO is $516,450 with the market action index hovering around 55. This is an increase over last month's market action index of 51. Inventory has held steady at or around 500. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Colorado Springs market.
Median List Price $516,450
Per Square Foot $160
Days on Market 110
Price Decreased 24%
Price Increased 13%
Relisted 15%
Inventory 500
Median Rent $1,750
Most Expensive $8,000,000
Least Expensive $203,900
Market Action 55
Strong Seller's Market

The market seems to have paused around its high point. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,000,000 5,518 1 - 2.5 acres 5 3 18 17 14 198
$619,900 3,736 0.25 - 0.5 acre 4 2 5 18 25 119
$451,566 3,235 6,500 - 8,000 sqft 4 2 2 23 37 79
$335,054 1,854 4,500 - 6,500 sqft 3 2 21 58 60 44