Colorado Springs MLS Market Update for April 2013
There are currently 3,377 active listings and 932 total sales in the Colorado Springs for the month of April. The number of active listings is about the same over one year ago with the number of sales up 26%. The inventory for April is down to 3.6 months making this a very competitive market for buyers. With the low inventory we are seeing new construction taking off because buyers are having trouble finding suitable resale properties. New construction in Colorado Springs is up 38% over one year ago. We need more homes on the market, call 719-964-4810 for your complimentary market analysis for your Colorado Springs home.
The average sales price in Colorado Springs for April was $235,161 and median sales price is $214,925 up 6% and 13% respectively from one year ago.
New home starts for Colorado Springs are up 38% from one year ago and 21% over March.
For additional details visit Colorado Springs Real Estate Market.
Market Reports for Academy School District 20 neighborhoods: