Colorado Springs Market Report – January 2017

Kevin Guerrero
Published on February 6, 2017

Colorado Springs Market Report – January 2017

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Bottom Line Up Front (BLUF):

  • The Median Home Price in Colorado Springs jumped 11.8% from January of last year. And up 3.9% from just the last month ($255K to $265K)!
  • Inventory remains relatively low…there were 31% fewer homes on the market than January 2016 and the trend is moving downward (notwithstanding the seasonal increase that we’ll be seeing in the coming months)
  • Sellers are getting near asking price across the board

Key Statistics:

  • List Price/Sold Price: 99.3% (slight decrease from last month)
  • Median Sales Price: $265,000 (11.8% increase from January 2016)
  • Average Time on Market: 44 days (60 days in January 2016)

Market_Statistics_January2017

 

About the author:  The above post “Colorado Springs Market Report – January 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 – January 2017
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