Your Local Market Report

Colorado Springs, CO

Single-Family Homes

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Colorado Springs, CO

Tue Mar 02 2021
This week the median list price for Colorado Springs, CO is $580,337 with the market action index hovering around 85. This is an increase over last month's market action index of 80. Inventory has held steady at or around 210. 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 Mar 02 2021
This week the median list price for Colorado Springs, CO is $580,337 with the market action index hovering around 85. This is an increase over last month's market action index of 80. Inventory has held steady at or around 210. 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 $580,337
Per Square Foot $207
Days on Market 14
Price Decreased 13%
Price Increased 18%
Relisted 9%
Inventory 210
Median Rent $1,795
Most Expensive $6,800,000
Least Expensive $239,999
Market Action 85
Strong Seller's Market

Prices appear to be hovering around their high point. Look for a persistent down-shift 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
$1,525,000 5,834 0.5 - 1 acre 5 4 15 9 10 119
$675,000 3,643 8,000 - 10,000 sqft 4 3 6 9 21 24
$495,000 2,742 6,500 - 8,000 sqft 4 2 2 21 26 7
$360,000 1,681 4,500 - 6,500 sqft 3 2 39 39 46 0