Colorado Springs Market Report – September 2016

Kevin Guerrero
Published on October 18, 2016

Colorado Springs Market Report – September 2016

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Bottom Line Up Front (BLUF):

-Homes sales are slowing down but this has been accompanied by a corresponding drop in inventory.

-Inventory remains relatively low (sellers market)

-Low interest rates are keeping buyers interested

Key Statistics:

List Price/Sold Price: 99.6%

Median Sales Price: $264,000 (10% increase from September 2015)

Average Time on Market: 35 days (70 days in September 2015) … to give this even more context … 35 days in September this year is still almost half the time on market as during the peak summer months in 2015.

Colorado Springs Market Report

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

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Colorado Springs Market Report – September 2016
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