Colorado Springs Housing Market

30 years of elevateMLS data for the Colorado Springs region.

3,976 Active Listings
$623,881 Avg List Price
$495,000 Median List Price
69 Avg Days on Market
6.1% Interest Rate (Mar 26)

Data from the elevateMLS. Active listings updated every 15 minutes.

Market Health — Last 30 Days

1,099 Closed Sales
1,748 Pending / Under Contract
$523,106 Avg Close Price
$456,900 Median Close Price
96.5% Avg Close-to-Original List
98.0% Median Close-to-Original List
58 Avg DOM (Closed)
2.11 Listing Attrition Ratio
97.9% FPVI

Close-to-Original List (CPOLP): What buyers actually paid relative to the original asking price. Below 100% means sellers accepted less than they originally asked.

Listing Attrition Ratio: Homes sold vs. homes withdrawn, cancelled, or expired. Above 1.0 = more homes selling than failing.

FPVI (Future Property Value Index): Current list price of pending and under contract homes vs. their original list price. Above 100% = sellers are getting more than they originally asked. Below 100% = price reductions before going under contract.

Data from the elevateMLS. Closed, pending, withdrawn, expired, and cancelled sales from the last 30 days. Land excluded.

Purchase Type Breakdown

How buyers financed their home purchases over the last 30 days in the elevateMLS region. VA: 337 (31%), FHA: 147 (13%), Cash: 149 (14%), Other: 19 (2%), Conventional: 447 (41%).

Cash purchases bypass appraisal and financing contingencies, often leading to faster closes and stronger negotiating positions. VA and FHA loans carry specific property requirements that can affect which homes qualify.

National Signals

National indicators that historically lead Colorado Springs pricing. How we determined these signals →

327.5
Case-Shiller Index
1.3% YoY · Local prices track at r=0.98
587K
New Home Sales
-11.3% YoY · Leads local prices by ~10 months
1487K
Housing Starts
9.5% YoY · Leads local sales in real time
56.6
Consumer Sentiment
-12.5% YoY · Buyer confidence index

About This Data

This page presents historical and current market data for residential real estate in the Colorado Springs region, sourced from the Pikes Peak Association of Realtors (PPAR) MLS. The dataset spans from January 1996 to the present, covering average and median sale prices, active inventory levels, monthly closed sales, average days on market, and prevailing mortgage interest rates.

The Market Health section shows live closed sales data from the last 30 days, including the Close Price to Original List Price ratio (CPOLP) — what buyers actually paid vs. what sellers originally asked — and the Listing Attrition Ratio, which measures how many homes sell compared to how many are withdrawn, cancelled, or expired. These metrics reveal the true negotiating landscape beyond what list prices alone can show.

Current listing data is pulled live from the MLS and updated every 15 minutes. For deeper analysis including absorption rates, price-to-list ratios, and subarea breakdowns, visit Grok The Market. Ready to search for a home? Try our monthly payment search or browse by budget level.

The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. For the most current market analysis, visit grokthemarket.com.

Send Rob a Message

Get Listing Alerts

Get daily email alerts when new homes matching your criteria hit the market.

Save Your Favorites

Create a free account to save listings and get notified when new homes match your criteria.

No spam, just houses.

By registering, you consent to receive listing alerts from Rob Thompson, Realtor. You can unsubscribe at any time.

Get a Personalized Insurance Quote

Get an accurate homeowner's insurance estimate from Patrick Murakami at Main Street Insurance — no obligation.

Contact a Lender

Get connected with a trusted local lender for pre-approval, rate quotes, or financing questions — no obligation.