The MLS trends data for April 2022 is out, and we have all of the stats.
It continues to be a seller’s market, and we hit a new record median sales price at $480K. A year ago, the median sales price was $420K. Active inventory increased 31%, but that’s only an increase of 200 homes in actuality. On the plus side, we’ve seen appraisals coming in at offer price more often, meaning those buyers didn’t have to fund an appraisal gap.
Listen to the full discussion with Chris Lopez, Envision Advisors agent Preston Newberry, and lenders Joe Massey of Castle and Cooke Mortgage and Travis Sperr of Renovo Financial.
- Listen to the podcast “#84: April 2022 Residential Roundtable Market Update” on the Colorado Springs Real Estate Investing Podcast
- Watch the YouTube video (at the bottom.)
- Read the blog post. Note, the blog is an executive summary. Get the in-depth breakdown from the podcast or video.
Colorado Springs Housing Trends April 2022
How to Get Started Building Your Own Colorado Springs Rental Portfolio
For information on how to start investing in Colorado Springs, check out our free 2021 Colorado Springs Real Estate Investing Guide.
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YouTube Video
April 2022 Residential Roundtable Market Update
Podcast (colorado-springs-real-estate-investing-podcast): Play in new window | Download (Duration: 33:51 — 38.7MB)
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