Local market statistics released by the Pikes Peak Association of REALTORS® (PPAR) for June 2019.
June 2019 Colorado Springs Real Estate Statistics: Although most statistics are down from last year, home prices continue to rise, making it harder than ever for buyers to be able to afford a mortgage.
This means that rental homes are in more demand than ever. 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 June 2019: $331,000
Median for June 2018: $285,250
Result: Up 16.0% percent from last year. Home values continue to rise in our community. Good news if you already own a home, but the increasing prices make it harder for home buyers to afford to buy.
Average Days on Market
June 2019: 24 days
June 2018: 21 days
Result: The days needed to sell your home in June is slightly up. Days on Market increased by 14.3%, or 3 days, from last year.
Year-to-Date (YTD) Total Homes Sold
June 2019: 7,583 homes sold
June 2018: 7,704 homes sold
Result: There are 121 less homes sold so far this year, down 1.6% from last year.
June 2019 Colorado Springs Real Estate Statistics: Although most statistics are down from last year, home prices continue to rise, making it harder than ever for buyers to be able to afford a mortgage.
This means that rental homes are in more demand than ever. 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
