Colorado Springs Market Report – March 2016

Kevin Guerrero
Published on April 16, 2016

Colorado Springs Market Report – March 2016

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The Colorado Springs market continues to heat up. Shortage of current inventory and high buyer demand are pushing prices up. Read on for more info…

 

  1. Homes are selling a lot faster than this time last year. We’ve gone from 99 days on the market last March to only 47days in March 2016.
  2. List Price-to-Sold Price was 99.3% this year. Last March we were at 98.5%.
  3. The number of active listings has gone down this year reflecting the low inventory while the number of sales has gone up reflecting the increased demand.

 

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For more detail, check out the Pikes Peak Association of REALTORS®

And you can also read more HERE

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Colorado Springs Market Report – March 2016
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