Home sales decreased in El Paso County by 12.3% for the month of January when compared to the previous month of December. Compared this time last year, single family home sales are 9.7% lower. Colorado Springs home sales will start picking up again as we enter the spring season.
There were 64 additional single family home sales in January 2013. Compared to the previous month of December, the average sales price ($234,580) decreased while the median sales price ($212,000) slightly increased. Last January, the average sales price was $227,575 and the median sales price was $205,000. There continues to be competition among home buyers in the current real estate market.