Following are statistics for the month of December 2014 for Colorado Springs and surrounding areas in El Paso County (new and existing single family and patio homes).
There is currently a 2.7 month supply of active inventory. 5.5 months is considered optimum and a balanced market.
- Listings Sold: 788 (November: 699)
- Median Sale Price: $225,000 (November: $220,000)
- Average Sale Price: $253,122 (November: $247,704)
- Average Days on Market: 95 (November: 89)
- Sale Price/List Price: 98.4% (November: 98.3%)
- Total Active Listings as of 12/31/14: 2,146 (11/30/14: 2,609)
- Median List Price: $275,000 (November: $279,900)
- Average List Price: $381,973 (November: $388,948)
- Pending Sales as of 12/31/14: 283; as of 11/30/14: 291
[This representation is based in whole or in part on information from the Pikes Peak Association of REALTORS, the Colorado Springs REALTOR Services Corp., or its PPMLS. Neither the Association, the RSC, nor the PPMLS guarantees or is in any way responsible for its accuracy. Data maintained by the PPMLS does not reflect all real estate activity in the market.]
I am a Realtor servicing Colorado Springs and the Front Range. I would love to help you buy a home or sell your current home. Look around on my blog & then visit my website: Springs LifeStyles Real Estate
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