Housing prices soar to another record high in Colorado Springs

Housing prices soar to another record high in Colorado Springs

Up another 2.8 percent from March to April, median home prices for a single-family residence hit a new record high at $437,000 and are up just shy of 8 percent from a year ago. Condo/townhome median pricing ticked back up in April to near record highs at $299,500.

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Colorado Springs. remain high, economists and city officials have said. Builders are constructing homes at the fastest pace in 13 years; the local unemployment rate is just under 4 percent; and.

The Colorado Springs Real Estate Market insider report: april 2019 According to the new data released by the Pikes Peak Association of REALTORS for April 2019, the Colorado Springs real estate market is on track for another busy year.. The Bottom line: April was a very busy month. This year has potential to break records set in 2017.

The median home price in Colorado Springs is higher than in many major U.S. cities such as Dallas, Atlanta and Miami. The city ranked 28 on a list compiled by the National Association of Realtors with a median home price of $131,800. Honolulu topped the list at $315,000. The national median home resale price is $126,500.

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Apartment Rental Rates Continue to Soar in Colorado Springs by assistant@dougcarterllc.com | Apr 10, 2017 Colorado Springs apartment rents hit another record high late last year, but the overall multi-family market – while still strong – could be slowing a bit, according to a pair of new reports.

A Colorado Division of Housing survey of Springs-area landlords showed that average Colorado Springs apartment rates rose to nearly $1,033 a month. This was the seventh quarter in a row with record-breaking rents.

The forecast includes single-family homes. Doug Price, CEO of the Colorado Springs Convention and Visitors Bureau, expects they’ll show 2017 was "another here in the Pikes Peak.

The challenges presented by a lack of affordable housing, along with the continued commercial development downtown and to the north, dominated area real estate news in 2018. The Colorado Springs housing market is predicted to be the hottest in the nation next year, according to Realtor.com. Median house prices across Colorado, including in.

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