Hey Friends,
I have 5 fun facts for you today. I’ll start with one of my favorite charts and then share 4 local stats to give you a snapshot of our crazy 2025 market! I hope you have a great weekend!
Blessings,
Andrew
Fun Fact 1:
This chart shows the appreciation rate of Colorado Springs over the last 20 years. We have had an increase of 158.8% since 2004 with an average of 5.6%. (Last year was nearly flat.)
Source: Pikes Peak MLS by Focus 1st
Fun Fact 2:
Active listings (supply) were down 4.9% when compared to last month but jumped 34.4% when compared to last year at this time. Last year saw 1,665 active listings.
Source: Land Title
Fun Fact 3:
New listings decreased by 4.4% when compared to last month and were up 4.7% YoY. Last year at this time we saw 903 new listings.
Source: Land Title
Fun Fact 4:
February saw a 54.2% increase in inventory when compared to last year. This is down 17.8% when compared to what we saw last month. (Months Supply of Inventory is nearly at 4 months.)
Source: Land Title
Fun Fact 5:
February saw the percent-of-the-closed-price-to-list-price at 98.0%.This was up slightly MoM (0.7%) and down 0.5% compared to last year.
Source: Land Title
“The most effective way to do it is to do it.” — Amelia Earhart
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Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal or tax advice, an offer to buy or sell any security, or to buy or sell real estate property. Read our full disclosures HERE.
