Reporting Period: 3/1/2019
This is a year over year summary for home prices in 80918 zip code of Colorado Springs. Whether you want to do research on what your home is worth in 80918 or are interested in buying a home in 80918, you need the tools to understand what is driving the home prices in zip code 80918 so you can make intelligent decisions when purchasing or selling your home in 80918.
If you don’t want to try to figure all this out on your own, contact me today to get some expert advice! If you just want to start looking at houses for sale, you can scroll to the bottom of this page to see every home for sale in zip code 80918 or search EVERY HOME FOR SALE RIGHT HERE.
Home Stats For 80918 Sales As Of 3/1/2019:
(All numbers are averages for transactions during this period)
Sales Count for 80918 As Of 3/1/2019: 96
As of 3/1/2019, there have been 96 home sales in 80918 so far this year. This makes up 5.0% of the overall Colorado Springs home sale transactions. This is a decrease of -5.9% versus the same period last year. Total sales volume in 80918 for the reporting period has been $30,535,650 which is down by -3.0% from the same period last year.
Is the 80918 housing market gaining or losing market share? Looking at these statistics over time can be a good indication if there is something positive or negative going on in a specific area that could impact your homes value as an investment. Contact me if you would like my expert opinion on how 80918 is faring versus the rest of the Colorado Springs market.
Ready to see homes for sale? Scroll to the bottom of this page to see homes for sale in zip code 80918 or go to the search page to see every home available in Colorado Springs.
Average Home Price In 80918 As Of 3/1/2019: $318,080The average home price in 80918 year to date has been $318,080 which is 4.1% lower than the Colorado Springs average home price of $331,806. The lowest recorded home sale price for 80918 has been $114,000 with the highest recorded home sale noted as $595,000.
Comparing home appreciation rates in 80918 vs. home appreciation rates in other zip codes can be valuable information when assessing market strength and is one of the benefits that my clients receive when working with me. Believe me, not all areas are created equal when it comes to how they are increasing (or decreasing) in value. Contact me if you would like more info about average home prices in 80918 versus other areas.
Enough stats? Scroll to the bottom of this page to see homes for sale in zip code 80918 or go to the search page to see every home available in Colorado Springs and surrounding areas.
Average Days On Market as of 3/1/2019 for 80918: 38
The average days on market for home sales in 80918 has been 38 which is 20.5% lower than the Colorado Springs home sale average of 48 days. The average days a home sets on the market in 80918 is up 40.69% versus the same period last year. That is an indication of decreased market strength vs. last year which is not a good thing especially in this market!
Knowing average days on market for a zip code is not enough. Comparing the days on market for home sales in 80918 vs. the home sales in other zip codes can help you determine relative market strength. It’s also helpful to look at whether that number trending higher or lower over time. How does that trend compare to other areas? These insights can help you understand overall Colorado Springs housing market conditions and trends in different parts of the community. Contact me if you want to know what the days on market in 80918 means to you and your transaction.
You can scroll to the bottom of this page to see homes for sale in zip code 80918 or go to the search page to see every home available in Colorado Springs.
80918 Price Per Square Foot As Of 3/1/2019: $139The average home in 80918 sold for $139 per square foot. That has risen by 6.32% versus the same period last year. The maximum recorded price per foot has been $237 with a minimum price of $88.
The average home sale price of $139 in 80918 represents a discount of 3.7% versus the Colorado Springs home sale average of $145 per square foot.
Price per square foot can be one of the most valuable tools when assessing what a home should be selling for in Colorado Springs. However, it can be incredibly misleading if not used correctly (you can’t compare apples and tomato’s after all). You need an expert to look at data relevant to the specific home you are assessing. Failure to look at the right data will actually misinform you and cause you to make bad decisions. In addition, knowing how price per square foot in 80918 compares to other specific areas and how that number has increased or decreased over time can be a helpful indicator of market strength and an indication for future appreciation. If you would like more information, please feel free to contact me.
The bottom of this page has every home for sale in zip code 80918. Or go to the search page to see every home available in Colorado Springs.
Client Advantage:Over 90% of real estate transactions involve a Realtor…so pick one, don’t just use the first one you stumble upon at an open house. My guidance gives YOU the advantage that will save (or make) you more money. My slogan says it all… Superior research so YOU make Smarter decisions.
You can make decisions based on opinions or you can make decisions based on facts and trends. Market health varies widely depending on area, size of home, age of home, price range etc… My clients have access to a variety of reports that only I provide. These reports help you understand market dynamics affecting your specific transaction so you can adjust your strategy accordingly. Contact me if you would like to have a conversation (or text stream or email chain) to see if we might work well together.
All information is based on the Realtors Multiple Listing Service and is deemed accurate but is not guaranteed. It is important to note that transactions not listed in the MLS or where the wrong information was inputted by the Realtor involved will not be reflected in this assessment.
Other Zip Codes: 80104 | 80106 | 80118 | 80132 | 80133 | 80135 | 80808 | 80809 | 80813 | 80814 | 80816 | 80817 | 80819 | 80820 | 80827 | 80829 | 80831 | 80835 | 80863 | 80864 | 80903 | 80904 | 80905 | 80906 | 80907 | 80908 | 80909 | 80910 | 80911 | 80915 | 80916 | 80917 | 80918 | 80919 | 80920 | 80921 | 80922 | 80923 | 80924 | 80925 | 80927 | 80928 | 80951 | 81001 | 81004 | 81005 | 81007 | 81008 | 81212 | 81240
Colorado Springs Homes For Sale in 80918
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