The Colorado Springs real estate market continues to favor sellers. A shortage of current inventory and high buyer demand are pushing prices up. Read on for more info…
- Homes continue to sell faster than the same time last year. We’ve gone from 74 days on the market last May to only 35 days in May 2016.
- List Price-to-Sold Price was 99.9% this May. That’s a bit higher than last month.
- The number of active listings has gone down from this time last year reflecting low inventory while the number of sales has gone up reflecting the increased demand.
Here is the Colorado Springs Market Report for May …
About the author: The above post “Colorado Springs Market Report – May 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.