Housing prices soar to another record high in Colorado Springs

To determine our predictions for the best real estate markets of 2018, realtor.com’s economic data team took a look at the number of sales of existing homes and their prices, along with the.

Last year colorado springs apartment rent prices hit another record high. The fourth quarter of 2016 was the seventh quarter in a row in which rents set a record. A Colorado Division of Housing survey of springs-area landlords showed that average Colorado Springs apartment rates rose to nearly $1,033 a month.

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Colorado Springs-area home prices soared to a second consecutive record high last month, as a steady demand on the part of buyers and a dearth of properties for sale helped to send housing costs higher.

Up another 2.8 percent from March to April, median home prices for a single-family residence hit a new record high at $437,000 and are up just shy of 8 percent from a year ago. Condo/townhome median pricing ticked back up in April to near record highs at $299,500.

COLORADO SPRINGS, Colo. – Home prices in Colorado Springs have reached a record high for the third month. from selling and moving into another house. "So that stair system is stifled," he said..

Denver, Colorado is only one American city that is seeing skyrocketing housing prices. While this is great news for the real estate market, it is driving people out of the city. Colorado Springs is.

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Colorado Springs Real estate market forecast 2019. On Zillow, the median home value in Colorado Springs is $285,000. Colorado Springs home values have gone up 9.7% over the past year and the Colorado Springs real estate market forecast is that they will rise 5.8% in 2019. The median list price per square foot in Colorado Springs is $187, which is lower than the Colorado Springs Metro average.

June 2019 marks another record-breaking month in terms of home prices for Colorado Springs. The median hit a new high of $331,000 and the average price was $373,793. Sales were down slightly, likely due to lack of inventory. The good news is that interest rates are even lower than they have been for some time now.

Colorado Springs-area home prices soared to a second consecutive record high last month, as a steady demand on the part of buyers and a dearth of properties for sale helped to send housing costs.

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