Your Local Market Report

Colorado Springs, CO

Condos/Townhomes

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Colorado Springs, CO

Fri Feb 26 2021
This week the median list price for Colorado Springs, CO is $441,250 with the market action index hovering around 85. This is an increase over last month's market action index of 84. Inventory has held steady at or around 30. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Colorado Springs, CO

Fri Feb 26 2021
This week the median list price for Colorado Springs, CO is $441,250 with the market action index hovering around 85. This is an increase over last month's market action index of 84. Inventory has held steady at or around 30. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Colorado Springs market.
Median List Price $441,250
Per Square Foot $233
Days on Market 42
Price Decreased 7%
Price Increased 33%
Relisted 3%
Inventory 30
Median Rent $1,380
Most Expensive $755,000
Least Expensive $128,000
Market Action 85
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$550,000 2,444 0 - 4,500 sqft 3 2 0 1 2 49
$487,000 1,764 0 - 4,500 sqft 2 2 1 0 0 203
$334,500 1,121 0 - 4,500 sqft 2 1 15 4 5 3
$162,500 990 0 - 4,500 sqft 2 1 47 6 7 0