Colorado Springs Homes Rise Again

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 dropped 8.9%
  • Sales rose 14.9%

Unemployment for October remained stubbornly high at 9.2%, well above the average for the state.

For more details, please visit http://livingcoloradosprings.com/market-conditions/ , or call Rick Van Wieren at RE/MAX Properties 719-331-7675

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