Colorado Springs Home Prices

Colorado Springs Home PricesHow's The Market?

It's the number one question we get asked as Realtors. It doesn't take a rocket scientist to note that the market is hot. Not only hot, it’s “dip your toe in a pool of lava” hot. In the last few years, our demand has increased by about 200-300%. So the inventory that does come available is getting snapped up by people trying to move into our beautiful city. We are regularly seeing homes sell well above asking price with multiple offers.

The net of it is; there are homes available, but they move very quickly and you need to be aggressive. My specialty is helping my clients understand and navigate the new rules of the market to help them achieve their goals.

There is a dirty little dark side to this newfound scarcity and that is that that agents are getting lazy with marketing (so it can be hard to get a sense of a home remotely which is more important than ever), and some sellers will ask for unrealistic prices for their homes. How do you know when you are looking at a home if it's worth what the seller is asking? Now more than ever, numbers matter.

My clients get detailed statistical information that they can use to make informed decisions. Anyone that really knows anything about "the market" will not give you an answer other than "It depends." unless they already know the specifics of your situation.

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What is fueling the demand?

We are fortunate enough to have an incredible quality of life here in Colorado Springs. We used to be the best kept secret on the front range of Colorado. People would pass us by thinking we were a small military town and that used to be true. However, between younger people fleeing Denver in search of more affordable housing, and the invention of “best of” surveys that major publications love to put out as “click bait” showcasing best places to live in any category you can imagine, we are quickly becoming the worst kept secret on the front range. Pair that with employers being more flexible on telecommuting, and people looking for a better quality of life after living through a pandemic, and you get the picture.

My Pet Project

In my life before real estate, I was a software engineer. Since 2002, I have been on a crusade to figure out how to provide insightful information to my clients with regards to Colorado Springs home prices. This section is a culmination of that research. It has been a long road of trying to figure out: What matters, how to collect that information, how to present it in a simple and easy to understand manner, and make it all work (so please excuse me if I'm zealous)! Before you delve into the details, you may want to read my guide on how to interpret the Colorado Springs home price info I am talking about.

I Know The Market

Understanding Colorado Springs Home Prices is one of the most important things a Realtor should master to provide value to their clients. There is not one "Market"; there are literally THOUSANDS of Markets in Colorado Springs alone (2900+ neighborhoods at last count). Of course there are trends, but when you are trying to figure out whether you should buy or sell in your specific situation, you need to understand your "market".  My goal has been to cull through the noise and provide simple and relevant insights. As a result, that information gives my clients clear insights into their transaction! There is a ton of information on my site but the most significant insights are reserved EXCLUSIVELY for my clients. So if you love numbers as much as I do and can't find what you are looking for on this site; As my client, you will get your fix.

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