Colorado Springs Market Report – August 2017

Kevin Guerrero
Kevin Guerrero
Published on September 12, 2017
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Bottom Line:

-The Median Home Price in Colorado Springs continues to trend upward moving 6.7% higher than August of last year ($265,000 to $282,750)

-Inventory dipped from July … normal as we move into fall/winter. The trend from last August continues to move lower, however

-August was the sixth month in a row where average sold-to-list price was over 100%

Key Statistics:

Sold Price/List Price: 100.4% (sixth month in a row over 100%)

Median Sales Price: $282,750 (6.7% increase from August 2016)

Average Time on Market: 24 days (28 days in August 2016)

Market Statistics August

 

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Colorado Springs Market Report – August 2017
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