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Colorado Springs Market Report

$571,299

AVERAGE PRICE OF 2,311 HOMES

$2,055,861

AVERAGE PRICE OF 173 MULTI-MILLION DOLLAR HOMES

$551,500

AVERAGE PRICE OF 481 NEWLY BUILT HOMES

$1,044,567

AVERAGE PRICE OF 12 HOMES WITH A POOL

$653,123

AVERAGE PRICE OF 98 REDUCED PRICE HOMES

$691,400

AVERAGE PRICE OF 6 DISTRESSED HOMES

Average Home

Average Price $571,299
Avg Bedrooms 3.62 beds
Avg Bathrooms 3.08 baths

Average Price by Bedrooms

1 bedroom $209,265
2 bedrooms $300,136
3 bedrooms $411,863
4 bedrooms $574,353
5 bedrooms $713,737
Colorado Springs Home Price Trends
  7/2020 6/2020 5/2020 4/2020 3/2020
Total Listings 2,370 2,463 2,240 1,870 1,750
Average Price $556,607 $544,318 $536,096 $536,831 $555,082
Avg Price Change +2.26% +1.53% -0.14% -3.40% +0.72%
Median Price $427,643 $423,584 $411,381 $402,432 $410,801
Med Price Change +0.96% +2.97% +2.22% -2.08% -0.10%
Avg Bedrooms 3.63 beds 3.64 beds 3.57 beds 3.43 beds 3.44 beds
Avg Bathrooms 3.09 baths 3.1 baths 3.05 baths 2.93 baths 2.97 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cheyenne Mountain 124 $1,449,686 99 days
Coronado 156 $552,501 57 days
Discovery Canyon 125 $953,272 76 days
Liberty 61 $489,820 53 days
Mitchell 56 $367,124 45 days
Pine Creek 129 $646,148 67 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,311 $571,299 59 days
Multi-Million Dollar Homes 173 $2,055,861 106 days
Newly Built Homes 481 $551,500 79 days
Homes with a Pool 12 $1,044,567 86 days
Reduced Price Homes 98 $653,123 68 days
Distressed Homes 6 $691,400 60 days
HomeSmart Realty Group
Heather Reilly
7222 Commerce Center Drive, Suite 120
Colorado Springs, CO 80919
719-331-4807

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