Should You Sell Your Home Now?

5 data-driven signals updated daily from the Pikes Peak MLS to help you time your sale.

Conditions are moderately favorable for sellers

Sell Now Neutral Wait
Score: -2 of 5 signals favor selling now

Analysis based on the Pikes Peak region. Each signal scores -1 (act now), 0 (neutral), or +1 (consider waiting).

Price Direction

Favors Selling Now

Home prices in the Pikes Peak region have declined 2.2% over the last 6 months. Selling sooner protects your equity before further declines.

Prices are falling — selling now protects your equity.
$445,000 current median
-2.2% 6-month change

Interest Rate Outlook

Favors Selling Now

The current mortgage rate (6.1%) is above the 20-year average (4.8%). Higher rates shrink the buyer pool — selling now captures today's buyers before further rate pressure.

High rates are shrinking the buyer pool — sell while demand holds.
6.1% current rate
4.81% 20yr avg
$294/mo per 1%

Inventory & Competition

Neutral

Inventory in the Pikes Peak region is at 4.1 months of supply, indicating a balanced market.

Balanced inventory — neither tight nor loose.
4.1 months supply
3,537 active
854 closed (30d)

Affordability

Favors Selling Now

At a 52% payment-to-income ratio, affordability in the Pikes Peak region is strained. Buyer demand may weaken — selling now captures the current pool.

Strained affordability is eroding buyer demand — sell while buyers remain.
$3,423/mo
52.0% PTI
+81% vs Jan 2020

Seasonal Timing

Favors Waiting

Feb is historically an off-peak month with fewer active buyers. Waiting for spring could attract more competition for your home.

Off-peak season — waiting for spring could bring better offers.
Feb — off-peak

Want a Personalized Selling Strategy?

These signals are market-wide. Your home's condition, location, and your timeline all factor into the best strategy. Let's discuss what the data means for your specific situation.

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How We Calculate Sell Timing Signals

This tool analyzes five dimensions of the Colorado Springs housing market from a seller's perspective: price direction (are prices protecting or eroding your equity?), interest rate outlook (is the buyer pool growing or shrinking?), inventory levels (how much competition from other sellers?), affordability (can buyers sustain current prices?), and seasonal patterns (is this historically a good month to list?).

Each signal is scored independently, then combined into an overall lean. The tool updates daily using live data from the Pikes Peak MLS, so signals shift as market conditions change.

Considering buying too? Check Should You Buy Now? for the buyer perspective. See where sellers are winning at Top 10 for Sellers, or dive into Market Trends for the full picture.

Data sourced from the Pikes Peak MLS (PPMLS), updated daily. Signals are informational only and do not constitute financial or real estate advice. Individual circumstances vary — consult a licensed real estate professional before making selling decisions. Historical patterns do not guarantee future results.

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