Your Local Market Report

Colorado Springs, CO

Single-Family Homes

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Colorado Springs, CO

Thu Mar 28 2024
This week the median list price for Colorado Springs, CO is $533,950 with the market action index hovering around 48. This is an increase over last month's market action index of 44. Inventory has decreased to 872. 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

Thu Mar 28 2024
This week the median list price for Colorado Springs, CO is $533,950 with the market action index hovering around 48. This is an increase over last month's market action index of 44. Inventory has decreased to 872. 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 $533,950
Median Price of New Listings $495,000
Per Square Foot $235
Average Days on Market 90
Median Days on Market 35
Price Decreased 34%
Price Increased 4%
Relisted 7%
Inventory 872
Median Rent
Market Action 48
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
$997,000 4,216 0.25 - 0.5 acre 4 4 9 21 27 77
$625,000 2,986 6,500 - 8,000 sqft 4 3 4 33 44 49
$469,945 1,984 4,500 - 6,500 sqft 3 3 7 37 54 28
$379,949 1,480 6,500 - 8,000 sqft 3 2 55 40 53 28