Colorado Springs & El Paso County Weekly Real Estate Market Report

📊 MARKET SNAPSHOT 

Median Listing Price – El Paso County: ~$470,000
Homes for Sale: ~4,918 listings
Median Price per Sq Ft: ~$226
Months of Inventory: Balanced market conditions
Market Direction: Modest shifts in supply and pricing suggest a measured real estate environment that can favor both buyers and sellers.

WHAT THIS MEANS:

🔹 Median prices remain stable — listing prices around $470,000 signal a balanced market.
🔹 Inventory shows moderate trend — nearly 5,000 active listings give buyers choice without overwhelming supply.
🔹 Price per square foot remains steady — indicating consistent demand across neighborhoods.
🔹 Days on market are moderate — homes are selling, just not in a frenzy.

📍 LOCAL AREA SNAPSHOTS

Here are a few ZIP-level insights from Realtor.com:

80920:
• Median listing price ~ $504,500
• ~70 days on market
• Price per sq ft ~ $218

80924:
• Median price ~ $675,000
• Days on market ~ 83
• Listings down slightly month-over-month but growing year-over-year

80921:
• Median listing price ~ $795,000
• ~68 days on market

These localized insights show high-end and executive corridors (like 80924, 80921) maintaining strong pricing and buyer interest.

📈 BUYER PERSPECTIVE

For buyers, this market indicates:

✔ More choices than in the past
✔ Opportunity for negotiation
✔ Strategic planning wins the day
✔ Longer decision timelines vs. rapid bidding wars

Balanced markets like this reward preparation — not pressure.

🏠 SELLER PERSPECTIVE

Sellers are seeing:

✔ Stable pricing
✔ Healthy interest in well-priced homes
✔ Longer marketing timelines
✔ Continued interest in move-in ready and new construction homes

Well-positioned listings remain competitive.

🪖 MILITARY & RELOCATION IMPACT

Colorado Springs remains a relocation hotspot driven by:

• Fort Carson

• Peterson SFB & Schriever SFB

• U.S. Air Force Academy

New construction options (North Gate, Wolf Ranch, Monument, Flying Horse) continue to see consistent inquiry — especially from relocation and military buyers evaluating supply and community lifestyle options.

FINAL THOUGHT

Colorado Springs & El Paso County remain vibrant and balanced real estate markets with:

✅ Stable pricing
✅ Healthy inventory levels
✅ Buyer options across price points
✅ Continued appeal for relocation and executive buyers

Whether you’re buying, selling, building, or relocating, understanding current trends will help you plan confidently.

If you’d like a detailed neighborhood snapshot or personalized strategy, I’m here to help.

(Latest Realtor.com Data)

Angela Greene, Realtor
Engel & Völkers Pikes Peak
2748 North Gate Blvd., Colorado Springs, CO 80921
719.629.7909
www.angelagreene.net