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Colorado | The Cutting Edge, Realtors Blog

Tuesday, July 19, 2022   /   by Carly Liszewski

Colorado Springs Housing Market Trends

The Colorado Springs housing market is booming! According to recent reports, the average home prices in the area have increased by 5%, and sales have reached an all-time high. This is excellent news for homeowners and investors as the property value rises. Many factors are driving this growth, including the strong local economy, low unemployment rate, and the recent influx of new residents to the area. With more people moving to Colorado Springs, greater housing demand is pushing prices up.
The Median Home Price in Colorado Springs is On the Rise

The Colorado Springs housing market is trending upwards, with the median home price on the rise. A Pike Peak Association of Realtors market trends reports that the average cost for a single-family home by April 2022 shot up to $484,450, which is a 14 percent increase compared to 2021. This is partly due to the influx of new residents to the area and record sales numbers. The market is expected to grow in the coming years, making now a grea. ...

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The Cutting Edge, Realtors
Amy Kunce-Martinez
5881 N Academy Blvd
Colorado Springs, CO 80918
719-661-1199

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