Homes sales increased by 26% in El Paso County for the month of March when compared to February.
There were 157 additional single family home sales in March 2010 when compared to March 2009 (27.7% increase). There were also an additional 302 single family homes for sale in March 2009. Inventory levels are lower than one year ago while sales have steadily increased. The tax credit available to first time home buyers has helped stimulate the real estate market in Colorado Springs.
Compared to the previous month of February, the average sales price ($215,625) and the median sales price ($189,900) increased. Last March, the average sales price was $212,549 and the median sales price was $185,000.
*Information gathered from the Pikes Peak MLS is deemed reliable but not guaranteed
Patio homes are included in these stats