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Nancy Murray, Realtor®
with Keller Williams Clients' Choice
Direct: 719-964-4810
Office: 719-357-6320
Fax: 866-748-9878
Email Nancy

Colorado Springs MLS Market Update for July 2016

Posted By Nancy Murray @ Aug 8th 2016 3:00pm In: Market Report for Colorado Springs

Colorado Springs MLS Market Update for July 2016

By Murray & Associates - Keller Williams Colorado Springs

Colorado Springs Homes for Sale

Inventory is down 18% from one year ago while sales are up 8%.  This is resulting in a decrease in days on market to 1.9 months of inventory and 6% increase in Average sales price and 12% increase in median sales price. It is a very hot market for sellers with multiple offers. Buyers are struggling to keep up with the activity and know that they need to move quickly with a nice property hits the market.

Colorado Springs Homes for Sale

New construction permits are down 21% from June and about the same as one year ago.

Colorado Springs New Home Starts

The market is proving to be very active. Below are year over year trends for Colorado Springs MLS.  The number of sales are at a record high while the number of active listings is at record lows, resulting in a higher average sales price 100% of list price to sales price. There has never been a better time for homeowners to sell their Colorado Springs homes than right now!

Colorado Springs MLS

Colorado Springs MLS

Colorado Springs MLS

Colorado Springs MLS

Search new homes or new construction in District 20.

Academy School District 20 Real Estate Market Report

To find out what your home is worth, request a complimentary market analysis for your Colorado Springs home.

By Nancy Murray

Murray & Associates, Keller Williams Colorado Springs

Nancy@academydistrict20homes.com

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