Home sales decreased in El Paso County by 4.9% for the month of September when compared to the previous month of August. Compared this time last year, single family home sales nearly 16% higher.
There were 190 fewer single family home sales in September 2015. Compared to the previous month of August, the average sales price ($291,342) and the median sales price ($264,000) slightly decreased. Last September, the average sales price was $267,612 and the median sales price was $240,000. 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.
**Information gathered from the Pikes Peak MLS is deemed reliable but not guaranteed
For further information on available Homes in Colorado Springs contact your Colorado Springs Real Estate Agent, Patricia Beck.