Home sales increased by .9% in El Paso County for the month of December when compared to November and sales were 19% higher when compared to December 2010.
There were 22 additional single family home sales in December 2011 when compared to December 2010. There were also an additional 1,042 single family homes for sale in December 2010. Inventory levels continue to remain much lower than they were around this time last year in Colorado Springs.
Compared to the previous month of November, the average sales price ($210,688) decreased and the median sales price ($185,000) remained the same for a third month in a row. Last December, the average sales price was $232,939 and the median sales price was $198,500.
**Information gathered from the Pikes Peak MLS is deemed reliable but not guaranteed