May 2019 Real Estate Statistics for Colorado Springs
Sales were mostly flat for the month of May compared to last year, however, we reach another record-breaking high for home prices. The average sales price was up over 4% and the median sales price was up over 3%!
An inventory shortage continues to pose problems for most home buyers in the Colorado Springs area, especially in the more affordable range. Additionally, homeowners should see even more equity in their homes as home prices increase.