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Access Real Estate Professionals Inc. Blog

Thursday, April 04, 2019   /   by Luther Benson

Market Update for the Colorado Springs area in March 2019

There are currently 1461 active single family listings on the market in the Pikes Peak region compared to 1371 last year at this time, which is a 6.6% increase.  New listings on the market are down 13.3% which helps sellers with higher demand. The average sales price was up 3% to $350,934 in March and Sales were down only .6%. 

The median single family sales price is up 5% compared to March 2018 (same number of homes sold above as below).  Average Days on Market is 45.

There are 132 condo/townhomes on the market compared to 97 last year at this time, an 36.1% increase. The median price for Condo/townhomes is up 5.5% to $220,000 and sales are down 3.4%.

Cumulative year to date sales for single family homes so far in 2019 were down 2.1% and the average price is up 4% over 2018 same time frame. 

It's a great time to sell and rates are still low making it a great time to buy! If you or someone you know is thinking of buying or selling give me a cal ...

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Access Real Estate Professionals Inc.
Luther Benson
544 Shrubland Dr
Colorado Springs, CO 80921

The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTORĀ® Services Corp.