First American Market Report

Colorado Springs, CO

Single-Family Homes

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Colorado Springs, CO

Sun Jul 12 2020
This week the median list price for Colorado Springs, CO is $525,000 with the market action index hovering around 57. This is an increase over last month's market action index of 54. Inventory has held steady at or around 784. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Colorado Springs, CO

Sun Jul 12 2020
This week the median list price for Colorado Springs, CO is $525,000 with the market action index hovering around 57. This is an increase over last month's market action index of 54. Inventory has held steady at or around 784. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Colorado Springs market.
Median List Price $525,000
Per Square Foot $162
Days on Market 75
Price Decreased 32%
Price Increased 10%
Relisted 7%
Inventory 784
Median Rent $1,700
Most Expensive $8,000,000
Least Expensive $150,000
Market Action 57
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
$950,000 5,082 0.5 - 1 acre 5 4 16 17 19 146
$598,013 3,748 8,000 - 10,000 sqft 4 3 7 21 26 70
$460,960 3,194 6,500 - 8,000 sqft 4 3 6 44 42 52
$359,900 2,115 6,500 - 8,000 sqft 3 2 26 94 80 29