Short Sale Homes in Colorado Springs

Active short sale listings in the elevateMLS 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
94 results · Page 7 of 7
Price Drop — $5,000 off
9826 Golf Crest
MLS #: 1786249 More Details →
9826 Golf Crest, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/4
Garage: 3
List Price: $600,000 $595,000
DOM: 45
Taxes: $3,830/yr
Year Built: 2017
Listed By: The Cutting Edge
List Price $595,000
Est. Monthly Cost* $4,596.69
Price Drop — $130,000 off
927 Champion
MLS #: 6543780 More Details →
927 Champion, Longmont
Type: Single Family
Zip: 80503
Beds/Baths: 4/3
Garage: 2
List Price: $730,000 $600,000
DOM: 164
Taxes: $3,949/yr
Year Built: 1999
Listed By: Keller Williams Clients Choice Realty
List Price $600,000
Est. Monthly Cost* $4,795.90
Price Drop — $30,000 off
9276 Glitter
MLS #: 6403570 More Details →
9276 Glitter, Colorado Springs
Type: Single Family
Zip: 80924
Beds/Baths: 5/4
Garage: 3
List Price: $649,000 $619,000
DOM: 41
Taxes: $4,264/yr
Year Built: 2023
Listed By: Circle Realty LLC
List Price $619,000
Est. Monthly Cost* $4,999.57
Price Drop — $20,000 off
10089 Golf Crest
MLS #: 9203764 More Details →
10089 Golf Crest, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/4
Garage: 3
List Price: $640,000 $620,000
DOM: 60
Taxes: $3,828/yr
Year Built: 2019
Listed By: Keller Williams Clients Choice Realty
List Price $620,000
Est. Monthly Cost* $4,762.85
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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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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. 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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