Navigation

November 2016 Colorado Springs Real Estate Statistics

November 2016 Colorado Springs Real Estate Statistics for July 2016

 


The Colorado Springs Real Estate Market Report for November 2016

According to the new data released by the Pikes Peak Association of REALTORS® for November 2016, the Colorado Springs real estate market is slowing down for the holidays but is still very busy.

The Bottom line:

As our market slows down for Winter, it is still going very strong. We sold over 30% more homes this November than we did last November.

Let's take a look at the November 2016 real estate market numbers for Colorado Springs:

November 2016 Colorado Springs Real Estate Statistics

  • New Listings: 992 (Up +.8.9% from last year)
  • Sold Listings: 1,196 (Up +31.9% from last year)
  • Total Active Listings: 1,932 (Down -26.5% from last year)
  • Median Sales Price: $256,566 (Up +7.5% from last year)
  • Total Under Contract: 2,238 (Up +12.0% from last year)
  • List To Sold Price Ratio: 99.1% (Up +0.5% from last year)
  • Days on the Market: 39 Days (Down 34% from last year)

The Colorado Springs Real Estate Market is Going Strong!

With sales still strong at this time in the season, it's highly likely that home sales will be strong next year as well.

November 2016 Colorado Springs Real Estate Market Report

 

These numbers cover all of Colorado Springs, CO and the surrounding areas, including Black Forest, Broadmoor, Briargate, Divide, Florissant, Fountain, Falcon, Gleneagle, Larkspur, Lake George, Manitou Springs, Monument, Northgate, Old Colorado City, Palmer Lake, Peyton, Powers, Rockrimmon, Security, Tri-Lakes, Widefield, Woodland Park, and Woodmoor areas.

 

November 2016 Colorado Springs Real Estate Statistics for July 2016

 


Andrew Fortune

Hi! I'm Andrew Fortune, the founder of Great Colorado Homes and the creator of much of the content on this website. Thanks for taking the time to read this article. Please feel free to share this article with someone who might benefit from it. I appreciate your time here on this site and am always open to suggestions and ideas from our readers. Feel free to leave a comment in the box below.


Our Most Recent Blog Posts:

  • What Do You Need To Buy A House in 2020

    ❤️ Here are 5 things that you'll need to buy a house in 2020!

  • How To Buy Your First Home

    🏠 The historic neighborhoods in this post are loaded with plenty of with charm and beauty.

  • April 2020 Colorado Springs Real Estate Market Report

    🔥Newest MARKET INSIDER - Quick, easy-to-follow info with last month's stats from our local MLS data.

  • The 5 Most Affordable Neighborhoods in Colorado Springs

    💲With housing prices rising, this handy article will help you find some of the best deals out there.

  • The Best Areas to Buy a House in Colorado Springs Based Off of Market Appreciation

    📈 If you're looking to invest your dollars in Colorado Springs real estate, you'll want to read this.

  • The 5 Most Popular Neighborhoods in Colorado Springs

    😮 These neighborhoods sold the most amount of homes last year out of our entire MLS.


GreatColoradoHomes.com Logo

Colorado Springs Real Estate Blog

Try Our Custom Home Search Tool

With more search options than any other local website.

Explore Local Areas

Here's a quick list of homes for sale in all the local areas and neighborhoods.

Meet our REALTORS®

Meet some of the best REALTORS® in Colorado Springs and Woodland Park.

3 Responses to "November 2016 Colorado Springs Real Estate Statistics"

Milly Claudia wrote: Great information. Thank you so much.

Posted on Thu, Dec 15th, 2016 03:07am

Gabe Sanders wrote: Very impressive market. Especially the 99% sales ratio and 39 DOM.

Posted on Sat, Dec 17th, 2016 09:46am

Real Estate Leads wrote: I actually like this post, really taught a lot! Thanks for the great content keep it up!

Posted on Fri, Dec 30th, 2016 04:22pm

Leave a Comment