$650,000
3,165 SqFt
4 Beds
•2 Full Baths, 2 Partial
Lisa Robinson ABR RENE, Listing Office: RE/MAX Advantage Realty, Inc.
November 2024
Report Updated 20 Days Ago
Is Colorado Springs, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Colorado Springs has remained a Buyer's Market.
How much do homes in Colorado Springs, CO cost?
$489,900
$220/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
Summary: The median home sold price in Colorado Springs was $489,900 in November 2024, up 6.2% from last month, and the median price per square foot was $220.
# BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $249K | $196K | -21.3% |
2 Bedrooms | $305.4K | $310K | +1.5% |
3 Bedrooms | $413.5K | $417K | +0.8% |
4 Bedrooms | $485K | $565K | +16.5% |
5+ Bedrooms | $659.7K | $710K | +7.6% |
Summary: Colorado Springs housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 21.3%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes increased by 7.6%.
Colorado Springs | $461.5K | $489.9K | +6.2% |
Elsmere | $450K | $471.2K | +4.7% |
Manitou Springs | $707.5K | $615K | -13.1% |
Pikes Peak | $615K | $397.5K | -35.4% |
How many homes are available in Colorado Springs, CO?
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
2,742 | 3,136 | +14.4% |
Summary: The Colorado Springs real estate market had 3,136 homes for sale in November 2024, a 14.4% increase compared to October 2024.
# BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 46 | 51 | +10.9% |
2 Bedrooms | 395 | 454 | +14.9% |
3 Bedrooms | 872 | 1,028 | +17.9% |
4 Bedrooms | 805 | 925 | +14.9% |
5+ Bedrooms | 624 | 678 | +8.7% |
Summary: The Colorado Springs housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10.9%, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes increased by 8.7%.
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
232 | 173 | -25.4% |
89 Homes Were Sold
Under Asking
46 Homes Were Sold
At Asking
38 Homes Were Sold
Over Asking
Summary: A total of 173 homes were sold or pending in Colorado Springs in November 2024, down by 25.4% month-over-month. Of the 173 sold homes, 51% were sold under asking, 27% were sold at asking, and 22% were sold over asking.
How long does it take to sell a home in Colorado Springs, CO?
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
40 Days | 51 Days | +28.5% |
Summary: Homes in Colorado Springs had an average of 51 days on market in Nov 2024, up by 28.5% compared to last month.
81 Homes Were Sold
Under 30 Days
59 Homes Were Sold
In 30 - 90 Days
33 Homes Were Sold
Over 90 Days
Summary: During November 2024, 173 homes were sold in Colorado Springs; 47% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 20 Days Ago
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MLS Disclaimers and Copyright
Based on information from Pikes Peak MLS / Colorado Springs Realtor Services Corp., and REColorado for the period 10/01/2024 - 12/01/2024
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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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 9:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 12/21/2024, 9:12:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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