Sales Statistics

Colorado Springs by the Numbers (as of May 31, 2023)

MLS numbers crunched by Empire Title

2022  vs. 2023 

• Average Price decreased by 1.8% ($536,478) 
• Median Price decreased by 3.3% ($475,000)
• Residential Units Sold decreased by 25.5% (1243/mo)
• Inventory Levels increased by 179.5% (1750 active)
• Interest rates are 6.79%

Average Days on Market: 31

.89 month inventory $250-$300k

1.14 month inventory $300-$400k

1.98 months inventory $400-$500k

1.67 months inventory $500-$750k

3.27 months inventory $750-$1m

5.69 months inventory >$1m

Officially a buyers market.

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