Colorado Springs Market Report – July 2016

Kevin Guerrero
Published on August 16, 2016

Colorado Springs Market Report – July 2016

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Bottom Line Up Front (BLUF):

-July 2016 ranked third all-time in monthly home sales (behind this June and May) for Colorado Springs

-Inventory remains relatively low

-The market is beginning to level off after a peak in June … we’ll likely see fewer sales in August and continuing as we enter the fall and winter as is normal

Key Statistics:

List Price/Sold Price: 99.8%

Median Sales Price: $257,500 (6% increase from July 2015)

Average Time on Market: 28 days (71 days in July 2015!)

 

July market report

 

About the author:  The above post “Colorado Springs Market Report – July 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.

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Colorado Springs Market Report – July 2016
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