Colorado Springs Market Report – May 2017

Kevin Guerrero
Published on June 5, 2017

Colorado Springs Market Report – May 2017

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Bottom Line Up Front (BLUF):

-The Median Home Price in Colorado Springs jumped 6.9% from May of last year ($262K to $280K).

-Inventory inched up but is hardly keeping up with demand

-Sellers are getting (on average) full asking price across the board

Key Statistics:

List Price/Sold Price: 100.6% (third month in a row over 100%)

Median Sales Price: $280K (6.9% increase from May 2016)

Average Time on Market: 30 days (35 days in May 2016)

Market Report May

The above post “Colorado Springs Market Report – May 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 – May 2017
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