-The Median Home Price in Colorado Springs moved 11.8% higher than December of last year ($255,000 to $285,000)
-Inventory continued to trend down … normal as we head into winter … the overall trend from last December continues downward as well (1.2 to 1.1 months of active inventory).
-December was the fourth time in the last eleven months that average sold-to-list price was LESS than 100% …
Sold Price/List Price: 99.6% (up slightly from November)
Median Sales Price: $285,000 (118% increase from December 2016)
Average Time on Market: 33 days (40 days in December 2016)
The above post “Colorado Springs Market Report – December 2017” 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. You can check out my Zillow Reviews too. To get a complimentary home valuation click HERE.