The colorado springs real estate market is facing a severe lack of inventory with 50 fewer homes available for sale than at this same time last year.
Colorado springs real estate market.
As of august 2020 the months supply of inventory is 0 8 down by 55 from last year.
These reports represent all mls listed residential real estate transactions in the state.
According to zillow s home value index the median home value is 302 900.
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Colorado springs co housing market.
Learn about the colorado springs co housing market through trends and averages.
August 2020 the housing market in colorado springs co is a buyer s market which means there are roughly more active homes for sale than there are buyers.
There are 2383 active homes for sale in colorado springs co which spend an average of 43 days on the market.
It is a hot seller s real estate market.
Colorado springs co real estate trends.
Homes for sale in colorado springs co have a median listing price of 357 500.
Homes are typically worth 306 sqft.
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Affordability of living in colorado springs co.
Colorado springs home values have gone up 7 6 over the past year and zillow predicts they will fall 0 0 within the next year.
Home prices in colorado springs.
Search for new homes open houses recently sold homes and reduced price real estate in colorado springs.
The metrics do not include for sale by owner transactions or all new construction.
In 2019 home values increased 7 2 a sizable year over year change.