Colorado Springs Real Estate Market Updates and Trends

The September 2022 market stats are out, and our roundtable is back to discuss what they mean and how the Colorado real estate market is trending. Get updates for Denver, Colorado Springs, and Pueblo; find out why our experts think now is a good time to buy; and get the details on some of our latest deals.

The August 2022 Colorado market stats are out, and our roundtable is back to discuss all the trends. A boost in inventory is helping buyers, but should they be worried about too much leverage? Listen to the episode to hear what we think about today's real estate market.

Is seasonality coming back to the Colorado real estate market? Is now a good time for investors to buy? The July 2022 market stats are in, and our roundtable is back to answer all of your questions. Listen to the episode to learn how Denver, Colorado Springs, and Pueblo are performing; plus, hear what kind of deals our team is putting together.

The June 2022 market stats are in, and our roundtable is back to discuss and dissect them. As we head toward a recession, should investors start to worry we're in a real estate bubble? Listen to the episode to hear what our team thinks, and get the latest updates on the Denver, Colorado Springs, and Pueblo markets. To see all of the charts discussed on the show, check out this blog post: http://old.denverinvestmentrealestate.com/should-investors-prepare-for-a-crisis-june-2022-market-stats-and-roundtable-discussion/

The May market stats for Colorado Springs are out, and Jenny joins the roundtable with Chris Lopez, Envision Advisors agent Preston Newberry, and lenders Joe Massey and Travis Sperr to discuss the trends. Although it’s still a seller’s market, active inventory is increasing. Listen to the episode to hear the full discussion, and check out all of the stats here: http://old.denverinvestmentrealestate.com/may-2022-residential-roundtable-colorado-springs-market-update/

The Colorado Springs market stats are out, and I joined the roundtable to discuss what trends I’m seeing in the market. While it’s still a seller’s market, we’re starting to see some promising shifts for buyers. Tune into the episode to find out the latest, and check out the blog post to see all the stats.

The March 2022 stats for Colorado Springs and the Denver metro markets are now out. Chris Lopez, Preston Newberry, and Joe Massey discuss how the trends are affecting the market, and why rising interest rates and low inventory aren't dissuading them from investing. Note: Jenny wasn't able to attend this podcast, so go to the blog post to see all of the stats for Colorado Springs: http://old.denverinvestmentrealestate.com/colorado-springs-real-estate-mls-market-stats---march-2022/

The Colorado Springs MLS trends data for February 2022 are now out. While prices continue to rise and compress cap rates, investors shouldn't be deterred. There's more to making money in real estate than just cap rates and cashflow! Listen to the episode to learn how we're refining our strategies and hear about our new show format coming soon.

The Colorado Springs MLS trends data for January 2022 are now out. While the inventory finally went up compared to the previous month, the overall numbers are still low. Rising interest rates are causing buyers to scramble to get under contract, making an already tight market even more competitive. For all of the details, listen to the episode.

The Colorado Springs MLS trends data for December and the year-end are now out. Even though we're already seeing interest rates go up, it's still a good time to buy. Listen to the episode to learn why, and hear about Jenny's plans for expanding into Southern Colorado in 2022.

The Colorado Springs MLS trends data for November 2021 is now out. The lack of inventory is making the market more competitive and driving up prices. Listen to the episode to get an in-depth analysis.

The Colorado Springs MLS trends data for October 2021 is now out. With a median appreciation rate around 16%, now is a great time to invest. The best approach for investors looking at the Springs is patience and persistence. Listen to the episode to hear more in-depth analysis from Jenny and Chris.

The MLS trends data for September 2021 is out, and Chris and Jenny are reviewing it for both Denver and Colorado Springs. Low inventory coupled with low interest rates may make it hard to find an amazing deal, but trends are indicating it’s not as much of a seller’s market as it has been. Listen to the podcast to learn more about the data, as well as Your Castle’s Q3 multi family income trends.

The Colorado Springs MLS trends for August 2021 is now out. The data changed slightly this month as things are finally starting to stabilize and go back toward seasonality and normal market trends. While some people might see these numbers and feel concerned, this is to be expected because the rising prices were unsustainable in the long run. Tune in to find out how much the median sales price dropped.

The Colorado Springs MLS trends data for July 2021 is out. Comparing year over year (July 2020 to July 2021) is better than comparing the previous month, because we have defined seasonality trends. While July continued the trend of few listings and rising price points, the median price increased only slightly and we saw showings per listing decrease to the same level it was for July 2020 (11) which is an encouraging sign. However, the days on market (DOM) is still continuing to increase. Average DOM for July 2021 was 7 compared to 20 for July 2020 and 9 for June 2021. Listen to the podcast to find out which zip code came in at #1 for hottest in the nation for home sales.

This market data was featured on a live episode of Drinks and Deep Dives. You can find the podcast for

The Colorado Springs MLS trends data for May 2021 is out. Comparing year over year (May 2020 to May 2021) is better than comparing the previous month, because we have defined seasonality trends. While May was the same old story of few listings and rising price points, we are starting to feel a sense of relief. Year to date sales prices are up 23%. Listen to the podcast to get our take on whether or not now is a good time to buy real estate.

We are seeing some historic stats in the Colorado Springs market. Currently, the average time on the market for a home is 9 days, down from 20 days at this time last year. Inventory is up about 100 units from March, to around 450 active listings. While this is good news, there were 1275 active listings in April of 2020. The market is tight right now, but we’re still making deals and getting our clients under contract.

The Colorado Springs MLS trends data for March 2021 is out. Comparing year over year (March 2020 to March 2021) is better than comparing the previous month, because we have defined seasonality trends. The big news is average sales price increased 21% from March 2020 to March 2021. Listen to the podcast to find out what accounts for this dramatic price increase.

The Colorado Springs MLS trends data for February 2021 is out. Comparing year over year (February 2020 to February 2021) is better than comparing the previous month, because we have defined seasonality trends. No surprise; it was a spectacular time for the sellers! Listen to the podcast to hear Jenny review the data and give the high level overview.

The Colorado Springs MLS trends data for January 2021 is out. Comparing year over year (January 2020 to January 2021) is better than comparing the previous month, because we have defined seasonality trends. The charts reflect the crazy level of activity in the Colorado Springs market. As with Denver, it’s very much in the favor of the seller. If you are interested in walking through an equity analysis to see if selling your Colorado Springs property is the best way to reposition your equity, reach out to us.

The Colorado Springs MLS trends data for December 2020 is out. Comparing year over year (December 2019 to December 2020) is better than comparing the previous month, because we have defined seasonality trends. Inventory levels are near all-time lows. Check out the episode show notes to see all the graphs and find out which Springs zip code is the #1 hottest housing market in the US.

The Colorado Springs MLS trends data for November 2020 is out. Comparing year over year (November 2019 to November 2020) is better than comparing the previous month, because we have defined seasonality trends. The showing traffic in November was excellent compared to prior years, so we can reasonably assume the party will extend into December and probably January, too. Check out the episode show notes to see all the graphs and read the executive summary.

The Colorado Springs MLS trends data for October 2020 is out. Comparing year over year (October 2019 to October 2020) is better than comparing the previous month, because we have defined seasonality trends. This market is being stimulated by the low rates.  The mortgage rates are likely to drift up next year, perhaps as much as 0.5 to 1.0%.  We’ll see the market slow down a lot when this occurs.