Colorado Springs Property Values

After june and july s improvements and august s initial data we re looking at a sunny outlook for home sales and prices in september october and november.

Colorado springs property values.

Colorado springs is largely a sellers market where sellers hold the negotiating power. The average sale price per square foot in colorado springs is 160 up 9 6 since last year. The average sale price of a home in colorado springs was 359k last month up 13 9 since last year. The majority of locals are homeowners 60 while 35 of homes are occupied by renters.

According to zillow s home value index the median home value is 302 900. Nar s housing market recovery index rose 1 8 points last week reaching 106 6 nationwide. Home values in colorado springs co colorado springs is a city in colorado and consists of 69 neighborhoods. Homes in colorado springs receive 3 offers on average and sell in around 22 days.

With 472 688 people 178 623 houses or apartments and a median cost of homes of 311 663 colorado springs real estate prices are well above average cost compared to national prices. Housing market forecast 2020. Colorado springs area home sales rebounded in june climbing 2 from a year earlier while last month s total was one of the highest for any month in roughly the last 30 years. Home prices also.

The colorado springs housing market is very competitive. Homes for sale in colorado springs co have a median listing price of 357 500. As forecasted the housing market continues its spectacular recovery through the summer of 2020 into august. Of the total homes in colorado springs co 86 are for sale 14 are for rent and 82 are single family homes.

Colorado springs co represents 0 of home addresses in the united states. Home price estimate one of the first questions most homeowners ask especially when selling their homes. The median list price per square foot in colorado springs co is 154. In 2019 home values increased 7 2 a sizable year over year change.

Colorado springs home values have gone up 7 6 over the past year and zillow predicts they will fall 0 0 within the next year. There are 2 445 homes for sale ranging from 25k to 11 2m. Take a peek at our automated valuation tool and then seek the assistance of a real estate professional to determine how much your home might bring in today s market. There are 2383 active homes for sale in colorado springs co which spend an average of 43 days on the market.