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The Local Level
Home Prices Soar To Another Record in Colorado Springs
A record-setting spring and summer for local home prices have given way to a record-setting autumn.
The median price of single-family homes sold in the Colorado Springs area during October climbed to $335,000, a nearly 10% year-over-year increase and eclipsing the previous record high of $332,000 in July, according to a new Pikes Peak Association of Realtors report. Record highs also were set in April, May and June.
But Colorado Springs’ housing market, which national publications have rated as one of the country’s hottest, has shown no signs of slowing as the calendar has flipped over to fall.