Colorado Springs Market Report – December 2016

Kevin Guerrero
Published on January 12, 2017

Colorado Springs Market Report – December 2016

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Bottom Line Up Front (BLUF):

  • Home sales are slowing – expected for this time of year but still selling much faster than this time last year
  • Inventory remains relatively low…there were 30% fewer homes on the market than December 2015 and the trend is moving downward
  • Sellers are getting near asking price across the board

Key Statistics:

  • List Price/Sold Price: 99.4% (slight increase from last month)
  • Median Sales Price: $255,000 (6.7% increase from December 2015)
  • Average Time on Market: 40 days (60 days in December 2015)

Market stats december 2017

About the author:  The above post “Colorado Springs Market Report – December 2016” was provided by Kevin Guerrero of Keller Williams Clients’ Choice Realty. To find out more about Kevin and Keller Williams check out the ABOUT US page.

To get a complimentary home valuation click HERE.

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Colorado Springs Market Report – December 2016
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