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The Colorado Springs real estate market is hot. April sales jumped 18.8% over last year, and the median price was up 11.6%. Here is a quick summary: Sales – Up 18.8% Median Price (1/2 of the sales are above this amount) – Up 11.6% Average Price – Up 6.3% # of Homes For Sale – [...] This year is shaping up to be something special, if January home sales in Colorado Springs are any indication. January is historically our weakest sales month, but compared to last year, January 2013 was very good. Sales were up 39% Median Price was up 19% Average (mean) price was up 11% Inventory of unsold homes [...] The Colorado Springs real estate market got more good news in November. This was the 9th month in a row where prices rose over the prior year. The median price rose 9.7% from 2011 to $203,000 The average price rose 6.3% from 2011 to $231,885 Building permits were up 49.2% The inventory of unsold homes [...] The election is over. The winners have had their day, the losers have had their chance, time to get on with life. El Paso County (which Colorado Springs is a part of) voted almost 60% for Mitt Romney, in keeping with the deep conservative tradition here. Not enough to carry the state, but a substantial [...] The Colorado Springs real estate market got more good news in October. The median price rose 14.4% from 2011 to $211,650 The average price rose 8.3% from 2011 to $239,945 Building permits were up 53.2% The inventory of unsold homes dropped 11.3% Sales rose 4.75% Now if we could just get some good news on [...] August home sales in Colorado Springs rose again in August, up 7.9%. Prices also increased, with the median up 10.2% and the average up 6.5%. This is the 6th consecutive month of year to year price increases. The inventory of unsold homes fell 13.2%, and reflects a 4.3 month supply at the August sales rate. [...] It has been a while since I posted. Between being busy with clients, vacation, etc, I just haven’t made the time like I probably should. It has been an eventful summer in Colorado Springs. A couple of the highlights: Mountain Shadows on Fire 1. The Waldo Canyon Fire – June 26, 2012 will never [...] The Colorado Springs real estate market was a mixed bag in June. While prices were up 14% from June of 2011, sales were actually down 3%. This may be due to resurgent new home sales (permits were up 65.6%!), which take longer to complete and are not all reported through the MLS. The inventory of [...] Colorado Springs real estate took a big leap in May of 2012, posting an increase of 18.6% over May of 2011. Prices were also up, with the average up 9.1% at $232,957 and the median (1/2 above, 1/2 below) up 13.5% at $210,000. Distressed property sales were down to only 13.5% of the market, and [...] Single family homes in Colorado Springs sold at a healthy clip in February, up 14.7% from 2011 at 514 homes sold. The inventory of unsold homes dropped to a 10 year low of 3,174 homes, down 26.4%. Prices remained soft, with the average down 9.8% at $212,551. The median (1/2 above, 1/2 below) fell 7.2% [...] |
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