Bottom Line Up Front (BLUF):
-More homes were sold in June than in any other month since statistics have been kept for Colorado Springs
-Inventory remains relatively low
-Buyers are competing for the few homes on the market
-This is trending home prices higher
List Price/Sold Price: 99.8%
Median Sales Price: $262,500 (5% increase from June 2015)
Average Time on Market: 31 days (71 days in June 2015!)
About the author: The above post “Colorado Springs Market Report – June 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.