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Colorado Springs Area Home Prices & Sales Keep Climbing

Wednesday, December 09, 2015

Colorado Springs Area Home Prices and Sales Keep Climbing

Here is a recent article from The Gazette by Rich Laden on a report noting home sales in November were up 4.2% from last year.

Sales totaled 815 in November, a 4.2 percent increase over the same month last year. While November’s percentage gain was the lowest this year, it nevertheless continued a 16-month streak of increased sales on a year-over-year basis.

Through the first 11 months of 2015, home sales totaled 12,146 — eclipsing last year’s total and keeping the area on pace for its highest number of home sales since 2005.

Homes averaged 59 days on the market before selling  

The median price — or midpoint — of homes that were sold in November rose to $237,500, up 9.6 percent over the same month last year. Prices have risen for 12 straight months on a year-overyear basis.

The inventory of homes listed 


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