New data released by the Pikes Peak Association of REALTORS® (PPAR) for February 2019 shows the market is still hot.
February 2019 Colorado Springs Real Estate Statistics: Instead of a slowdown as expected, the Colorado Springs real estate market is still hot, even though the real estate market in other parts of the country is slowing down.
The market is unpredictable, though, so there is still a strong demand for Colorado Springs rentals! If you think it may be too hard to rent out your home in Colorado Springs, think again. Our property managers are experts, guiding you through the process every step of the way. Call All Seasons today to find out how you can make money by offering your Colorado Springs investment property as a rental. (719) 632-3368
Single Family Home Sales Price
Median for February 2019: $315,000
Median for February 2018: $292,470
Result: Up 7.7% percent from last year. Our home value continues to rise!
Average Days on Market
February 2019: 43 days
February 2018: 40 days
Result: It takes 3 days longer than last year to sell your home. This is about the same as last year.
Year-to-Date (YTD) Total Homes Sold
February 2019: 1,824 homes sold
February 2018: 1,884 homes sold
Result: There are 60 less homes sold so far this year.
February 2019 Colorado Springs Real Estate Statistics: Instead of a slowdown as expected, the Colorado Springs real estate market is still hot, even though the real estate market in other parts of the country is slowing down.
The market is unpredictable, though, so there is still a strong demand for Colorado Springs rentals! If you think it may be too hard to rent out your home in Colorado Springs, think again. Our property managers are experts, guiding you through the process every step of the way. Call All Seasons today to find out how you can make money by offering your Colorado Springs investment property as a rental. (719) 632-3368
