Short Sale Homes in Colorado Springs

Active short sale listings in the Pikes Peak MLS region

What Is a Short Sale?

A short sale happens when a homeowner sells their property for less than what they owe on the mortgage, with the lender's approval. The lender agrees to accept the reduced payoff rather than go through the foreclosure process. For buyers, short sales can offer below-market pricing — but they require patience. The lender must approve every offer, which can add weeks or months to the closing timeline.

Potential Upside
Below-market pricing, negotiable terms, seller-occupied (usually better condition than foreclosures)
Key Considerations
Longer closing timeline (60–120+ days), lender approval required, property sold as-is in many cases
77 results · Page 6 of 6
Price Drop — $40,000 off
6186 Harmonica Arch
MLS #: 4196951 More Details →
6186 Harmonica Arch, Colorado Springs
Type: Single Family
Zip: 80924
Beds/Baths: 5/4
Garage: 3
List Price: $690,000 $650,000
DOM: 151
Taxes: $5,199/yr
Year Built: 2022
Listed By: Keller Williams Premier Realty
List Price $650,000
Est. Monthly Cost* $5,007.68
Price Drop — $90,000 off
3690 Hare Haven
MLS #: 4191480 More Details →
3690 Hare Haven, Colorado Springs
Type: Single Family
Zip: 80930
Beds/Baths: 5/3
Garage: 12
List Price: $980,000 $890,000
DOM: 59
Taxes: $2,600/yr
Year Built: 2011
Listed By: Galvan and Gardner Real Estate Group, Inc.
List Price $890,000
Est. Monthly Cost* $6,387.86
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Interested in a short sale?

Short sales require an experienced agent who understands lender negotiations and timeline expectations. Rob Thompson has helped buyers navigate distressed properties across the Pikes Peak region.

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Data from the Pikes Peak MLS (PPMLS). Short sale status is based on the Notices field in the MLS data. Estimated monthly costs assume 7.0% APR, 30-year fixed, $3,000/yr insurance, and actual taxes. This is not an offer to lend. Distressed property purchases carry additional risks — consult your agent and lender before making an offer.

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