Local market statistics released by the Pikes Peak Association of REALTORS® (PPAR) for December 2019.
December 2019 Colorado Springs Real Estate Statistics: The Colorado Springs real estate market is strong, and is a seller's market.
Rental homes are still in demand in the PPAR MLS. Call All Seasons today to find out the steps you need to take to offer your Colorado Springs investment property as a rental. With All Seasons, it’s not as hard as you may think! (719) 632-3368
Single Family Home Sales Price
Median for December 2019: $329,990
Median for December 2018: $300,855
Result: Up 9.5% percent from last year. Home values still rising fast in our community. Good news if you already own a home, but the increasing prices make it harder for prospective buyers to afford home prices.
Average Days on Market
December 2019: 34 days
December 2018: 40 days
Result: The days needed to sell your home in November dropped significantly from last year, 15%. Means homes are selling faster.
Year-to-Date (YTD) Total Homes Sold
December 2019: 16,060 homes sold
December 2018: 15,576 homes sold
Result: YTD total homes sold is still strong, higher than last year by 3.1%. This is also the end-of-year total homes sold.
December 2019 Colorado Springs Real Estate Statistics: The Colorado Springs real estate market is strong.
Rental homes are still in demand in the PPAR MLS. Call All Seasons today to find out the steps you need to take to offer your Colorado Springs investment property as a rental. With All Seasons, it’s not as hard as you may think! (719) 632-3368
