Local market statistics released by the Pikes Peak Association of REALTORS® (PPAR) for November 2019.
November 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 November 2019: $325,000
Median for November 2018: $303,000
Result: Up 7.3% 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
November 2019: 29 days
November 2018: 35 days
Result: The days needed to sell your home in November dropped significantly from last year, 17.1%. Means homes are selling faster.
Year-to-Date (YTD) Total Homes Sold
November 2019: 14,813 homes sold
November 2018: 14,512 homes sold
Result: YTD total homes sold is still strong, higher than last year by 2.1%.
November 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
