Real Estate Statistics

Good news! Sales were up big time in August compared to last year, by about 56.25%! Prices are up just slightly– with the average sold price up 1.46% and the median up 0.44%. Even still, homes are moving in Forest Meadows. The average time on market was about 3 weeks, which is still pretty fast. That means about half of the homes sell in less than a month! There are currently 9 homes for sale and 13 pending. Also, 105 homes have been sold year-to-date in Forest Meadows.Read More →

While sales have remained the same for June 2019 compared to June 2018, home prices are up again! The average sold price was up 3.87% and the median price was up 4.08%. Sold prices ranged from $296,000 to $449,000. The average time on market was only 16 days, so just over 2 weeks until under contract! It is a great time to sell because you may have more equity than you think and homes are selling quickly! To see stats about Colorado Springs, go here: LivingColoradoSprings.com/market-conditionsRead More →

Homes sales are up for the month of May in Forest Meadows and The Trails by 144%! The time on market averages only 9 days! Currently, as of June 3, there are 6 homes for sale and 27 pending sales. While prices have barely decreased, homes a going fast. If you would like to sign up for a FREE property valuation, click HERE.Read More →

Watch the video below to get the full scoop! Here is a brief summary of some of the April data: Sales up 2.6%% at 1,320 units Average price up 6.6% at $371,353 Median price up 7.5% at $328,000 Inventory of unsold homes up 3.2% at 1,568 homes Months supply of homes for sale 1.2 Pending Sales 2,235(down 5.2% from last year at this time)Read More →

If you are curious about the current real estate statistics for Forest Meadows and Colorado Springs, check them out below! Home prices are up! Inventory is definitely lacking in the affordable price range, and these homes seem to be swept up fast! If you are thinking of making a move, give me a call to discuss what options are best for you! (719) 331-7675Read More →

The New Year for the Colorado Springs real estate market started with tight inventory conditions. While up 26.4% from last January, there were still only 1,706 homes for sale on January 1, only a 1.6 month supply. This is a very low level, well below what is typically termed a normal market. Adjusted for homes that are outside of El Paso County, and for homes that are not actually built yet, the situation is even tighter. Prices in December were up a modest 5.5%, with the average at $340,908 and the median at $300,855. There is a growing disparity between the median price of listingsRead More →

Prices for Colorado Springs real estate continued to jump in October, with the average price up 9% at $345,770 and the median up 8.7% at $305,000. The months supply of homes for sale is now 1.8. This is a very low level, well below what is typically termed a normal market. There is a growing disparity between the median price of listings in the inventory, vs the median price of the listings that are actually sold. This could point to a new affordability gap at the low end of the market. As more affordable homes become scarce, buyers may be finding it more difficult toRead More →