"In September, home prices fell moderately from the month before, with a median listing price of $469,675. The number of listings on the market remained practically unchanged from last month, but it is a bigger decrease than normal for this time of the year in Colorado Springs, and homes are also selling slower than at the same time last year."
"In September, there were 2,719 homes for sale in Colorado Springs, which was 0.5% less than the month before and 23.5% more than the same time last year. Meanwhile, active inventory across the nation rose by 0.2% from last month to 1,100,407. Homes in Colorado Springs take an average of 60 days to sell, according to September figures."
Median listing price in Colorado Springs was $469,675 in September, representing a moderate month-over-month decline. Price per square foot in Colorado Springs decreased 0.6% compared with the previous month, smaller than the national per-square-foot decline of 0.8%. Active listings in Colorado Springs numbered 2,719, down 0.5% from the prior month but up 23.5% year-over-year. National active inventory rose 0.2% to 1,100,407. Homes in Colorado Springs averaged 60 days on market in September, seven days longer than the prior month and ten days longer than a year earlier; nationally the average was 62 days.
Read at SFGATE
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