Colorado Springs Real Estate blog

February 2018 Colorado Springs Real Estate Statistics

Michele Free - Thursday, March 15, 2018

February 2018 Colorado Springs Real Estate Statistics: The price of a residential home in the Colorado Springs region is still high, at $292,470. Since less people can afford that down payment, there is more demand for Colorado Springs rentals. If you think it's too hard to rent out your home in Colorado Springs, think again! We can guide you through the process every step of the way. Call All Seasons today to find out how you can make money by offering your Colorado Springs investment property as a rental. (719) 632-3368 

February 2018 Colorado Springs Real Estate Statistics

Single Family Home Sales Price

Sales price of single family home according to the PPAR

Median for February 2018: $292, 470 Median for February 2017: $255,000 Result: The median sales price of a home is up a whopping $37,470 from last year. This means there are less people who can afford to buy, meaning more people want to rent homes. Rental home availability is very low, so if you have an investment property you'd like to rent, or would like to buy a property to use as an investment property, call us today! We'll help you get your home ready for the rental market, and keep it rented!

Average Days on Market

February 2018: 40 days February 2017: 41 days Result: The average Days on Market is still low. This is good news for sellers, and for investors who own Colorado Springs investment properties. It is about the same as last year at this time.

Year-to-Date (YTD) Total Homes Sold

February 2018: 1884 homes sold February 2017: 1708 homes sold Result: The number of homes sold Year-to-Date is up 176 homes from last year, a significant upward trend. Get more real estate statistics at: all-seasons.com/statistics/

The Pikes Peak Association of Realtors (PPAR): https://ppar.com/MarketTrends.aspx

February 2018 Colorado Springs Real Estate Statistics: The price of a residential home in the Colorado Springs region is still high, at $292,470. Since less people can afford that down payment, there is more demand for Colorado Springs rentals. If you think it's too hard to rent out your home in Colorado Springs, think again! We can guide you through the process every step of the way. Call All Seasons today to find out how you can make money by offering your Colorado Springs investment property as a rental. (719) 632-3368