Colorado Springs Market Report February 2017

Kevin Guerrero
Published on March 15, 2017

Colorado Springs Market Report February 2017

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Bottom Line Up Front (BLUF):

-The Median Home Price in Colorado Springs jumped 6.3% from February of last year ($240k to $255k).

-Inventory seems to have leveled off and should increase as we enter the spring and summer selling season. But still, our seasonally adjusted inventory is at record lows.

– Sellers are getting near asking price and in some areas of town over 100% of list price

Key Statistics: List Price/Sold Price: 99.7% (slight increase from last month) Median Sales Price: $255,000 (6.3% increase from February 2016) Average Time on Market: 41 days (60 days in January 2016)

Colorado Springs Market Report February 2017

The above post “Colorado Springs Market Report – February 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. To get a complimentary home valuation click HERE.

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Colorado Springs Market Report February 2017
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