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Hector Hernandez

Hector Hernandez
Owner/Broker

Inside Edge Real Estate Inc.
Colorado Springs, CO 80918

719-599-8134
Contact Me

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Colorado Springs Home Sales Stats

January 2019 HOUSING STATISTICS

Summary: January

New Listings were up 0.6 percent for single family-patio homes but decreased 7.0 percent for townhouse-condo properties. Pending Sales increased 4.6 percent for single family-patio homes and 18.7 percent for townhouse-condo properties. The Median Sales Price was up 3.0 percent to $303,900 for single family-patio homes and 4.6 percent to $204,000 for townhouse/condo properties. Days on Market increased 20.5 percent for single family homes and 53.3 percent for townhouse-condo properties. While the home affordability topic will continue to set the tone for the 2019 housing market, early signs point to an improving inventory situation, including in several markets that are beginning to show regular year-over-year percentage increases. As motivated sellers attempt to get a jump on annual goals, many new listings enter the market immediately after the turn of a calendar year. If home price appreciation falls more in line with wage growth, and rates can hold firm, consumer confidence and affordability are likely to improve.

Contact me at 719-599-8134 ext 5 for more information including a micro analysis of your situation. 

Sales Activity El Paso County

  December January +/-
Number of Homes Sold   794 - 148
Percent (%) of Homes Sold vs Total Homes Listed   71.9 - 0.1
Medium Sales Price   $304,250 + $4,250
Average Sales Price   $342,283 + $5,043
Average Days on Market   45 + 8
Percent (%) of Sold Price vs List Price   99.3 - 0.1

Market Update for January

Single Family-Patio 2018 2019 +/-
New Listings 836 832  
Sold Listings 671 626  
Inventory Homes for Sale 36 46  
Months Supply of Inventory 1.0 1.1  
Townhouse-Condo 2018 2019 +/-
New Listings 151 143  
Sold Listings 117 127  
Inventory Homes for Sale 113 124  
Months Supply of Inventory .06 0.7  

Homes Sold By Price Range

 

Up to $199,999 27 -  18
$200,000 - $299,000 349 -  69
$300,000 - $399,000 252 -  49
$400,000 - $499,000 83 -  4
$500,000 - $599,000 41 - 10
$600,000 - $799,000 27 -  1
$800,000 - $999,000 9 + 4
$1,000,000 - $1,999,000 6 -  1
Over $2,000,000 0 Flat
Homes Sold by Price Range

"Based on information from the Pikes Peak REALTOR® Services Corp. ("RSC"), for the period 1/31/2019 through 1/31/2019.  RSC does not guarantee or is in any way responsible for its accuracy.  Data maintained by RSC may not reflect all real estate activity in the market."



Hector Hernandez | 719-599-8134 | Contact Me
6455 N. Union Blvd. Suite 100 - Colorado Springs, CO 80918
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