Colorado Association of REALTORS | Colorado Springs
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Colorado Springs Tag

Wild flowers bloom along a trail in a colorful Colorado spring landscape on Arapahoe Pass in the Rocky Mountains

Spring Season Beginning to Emerge After Slow First Quarter

Epic winter snowfall, bomb cyclone create ripple effect on statewide housing markets Spring season beginning to emerge after slow first quarter https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/   ENGLEWOOD, CO. – April 10, 2019 – An historic mid-March “bomb cyclone” weather event, coupled with epic Colorado snow totals, tempered the typical fast start to the spring housing market in Denver and across the state, according to the latest...

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Colorado Springs ranks No. 5 in hottest housing markets, Pueblo earns high mark

The steady increase in local home prices might have slowed, but Colorado Springs remained one of the nation’s top housing markets in January — ranking No. 5 out of 300 metro areas in Realtor.com’s monthly hotness index.   Other Colorado rankings were Pueblo, No. 27; Denver-Aurora-Lakewood, No. 79; Fort Collins, No. 100; Boulder, No. 110; Grand Junction, No. 123; and Greeley, No. 140.   Realtor.com,...

South Gateway Rock Formations at the Garden of the Gods Park in Colorado Springs Colorado after a fresh snowfall

Colorado real estate markets to vary locally in 2019

Despite market trend predictions from experts and economists of a possible downward shift in real estate in 2019, the Colorado Association of REALTORS® doesn’t expect that to be the case for all of Colorado.   While there was an increase in listings statewide in the second half of 2018, new listings went down in December with 3,868, down 36.5 percent from the...

Snowy view of Garden of the Gods in Winter

REALTOR.com Ranks Colorado Springs in Top 10 of “Most Promising Places to Live”

Every year, REALTOR.com® looks into 32,000 zip codes to see what the hottest areas are.   After looking at various factors, they determined that these are the 10 steamiest zips of 2018:   * It's a prosperous place for young adults (millennials). * The homes here are relatively affordable. * There's a good employment rate.   With a median listing price of $297,811 and job growth up by 2.6%, Colorado...

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A glimpse into why Colorado Springs’ economy is attracting so many outsiders

The city leads the state for employment growth in 2018 and 2019, thanks to diversity in business, age, health care, cybersecurity.   Lower housing prices have definitely attracted Denver buyers willing to brave the commute, said Donna Major, current chair of Pikes Peak Association of REALTORS®. On average, homes in the Colorado Springs region cost about a third less than houses in...

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Housing affordability hits lowest point for Colorado markets

The Housing Affordability Index across Colorado is at its lowest point since the Colorado Association of REALTORS® started the measurement in January 2010, according to a Monday press release from the organization.   Looking at both the seven-county metro area and statewide markets, affordability is down 18 percent from this time last year for single-family homes and 20 percent for condos/townhomes, the...

Majestic Sunset Image of the Garden of the Gods with dramatic sky.

Move Over Denver, Colorado Springs Might Have The Hottest Housing Market

In the state’s second largest city, home prices have jumped 44 percent in the last 5 years. The Colorado Springs real estate market is the second most active in the country, according to Attom Data Solutions which tracks how many people are moving in an area.   “It is good to be an agent at this time. It’s always good to be...

A home under construction sits for sale in the Banning Lewis Ranch development on the east side of Colorado Springs. CHRISTIAN MURDOCK, THE GAZETTE file

Colorado Springs-area home supply hits 2-year high

The number of Colorado Springs-area homes for sale climbed to a two-year high last month, a sign that buyers finally might be in a better position in a housing market that’s favored sellers for the last few years, some real estate agents say.   In August, 2,416 single-family and patio homes were listed for sale, a nearly 6 percent increase over the...

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Colorado Springs Home Sales Fall Again in July, but Experts Say Market Remains Strong

Home sales totaled 1,592 in July, a 3.3 percent drop from the same month last year, says the latest report by the Pikes Peak Association of REALTORS®. Monthly home sales haven’t increased on a year-over-year basis since February.   Through the first seven months of 2018, home sales totaled 9,296, a slight, 0.1 percent gain over the same period last year, the...

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Which City is Better: Denver or Colorado Springs?

DENVER -- Denver and Colorado Springs — are we rivals or friends? And which city is better to live in?   Several recent surveys are giving the nod to Colorado Springs.   U.S. News and World Report ranked Colorado Springs as the second-best place to live in 2018, and the most desirable city in the country. Meanwhile, Denver was ranked as the third-best place to live and...