Colorado Springs Sales Prices are DOWN

Colorado Springs with Kevin James Bond

This is the monthly Colorado Springs housing market update for April 2023. This information comes from the PPMLS (Pikes Peak Multiple Listing Service).
While people continue to buy and sell homes everywhere, Colorado Springs's real estate market is unique.
Are homes in Colorado Springs still selling? The average sales prices in in Colorado Springs for March 2023 was $485,223. The median sales price was $430,503.
Mortgage interest rates have been playing around in the 6's and 7's. Currently they're at 6.34% for a 30 year fixed conventional, according to Mortgage News Daily. https://www.mortgagenewsdaily.com/
Based on information from the REALTOR® Services Corp ("RSC"), for the period 03/01/2019 through 03/31/2023. RSC does not guarantee or is in any way responsible for its accuracy. Data maintained by RSC may not reflect all real estate activity in the market.
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