Home sales decreased in El Paso County by 2.4% for the month of July when compared to the previous month of June. Compared this time last year, single family home sales are 14% higher.
There were 168 fewer single family home sales in July 2014. Compared to the previous month of June, the average sales price ($275,417) and the median sales price ($243,000) decreased. Last July, the average sales price was $267,109 and the median sales price was $230,000. Competition among home buyers remains fierce in the current real estate market; many sellers are receiving multiple offers and selling their homes within days of putting them on the market.
For further information on available Homes in Colorado Springs contact your Colorado Springs Real Estate Agent, Patricia Beck.