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Colorado Springs Colorado Homes for Sale Blog

Friday, September 29, 2017   /   by Barbara Schlinker

Colorado Springs Area Ranked one of America's 20 Hottest Markets for Real Estate in September 2017

We've officially closed the books on summer, and the flurry of back-to-school sales and the Facebook posts featuring freshly scrubbed kids awkwardly posing for their big return to classes have finally subsided. So as September draws to a close, we're taking a look back at this transitional month through the lens of our own realtor.com® data—all the better to take a snapshot of what the housing market across the country is like today.
Turns out, the picture isn't a pretty one for many home buyers.
As the supply of homes for sale continues to decline year over year, homes are selling ever faster, and for ever-higher prices. Homes for sale are down by 14% from a year ago (when there was already a considerable decline in inventory from the year before).
The median time on market for properties in the local Pikes Peak MLS system in August is 24 days—meaning they're selling 4 days faster than this time last year. And that's with a med ...

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Parker St. Claire Realty
Barbara Schlinker
7660 Goddard St, Suite 213
Colorado Springs, CO 80920
877-457-5544

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The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.
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