Top Medium Teams in Colorado Springs, Colorado – Ranked by Volume

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    • Rank – City VolumeTeam NameCompanyLocationVolumeProfile
    1Military Home SearcheXp RealtyColorado Springs, CO$114,998,702View Profile
    2Summit Group ColoradoeXp RealtyColorado Springs, CO$86,464,458View Profile
    3Pikes Peak PropertiesRE/MAX AdvantageColorado Springs, CO$68,638,033View Profile
    4Nathan Johnson TeamRE/MAX Real Estate GroupColorado Springs, CO$61,186,951View Profile
    5The Krakofsky TeamKeller WilliamsColorado Springs, CO$39,599,045View Profile
    6Strategic Property AdvisorsColdwell Banker RealtyColorado Springs, CO$35,410,147View Profile
    7The Pena TeamKeller WilliamsColorado Springs, CO$31,671,705View Profile
    8Basinger TeamRE/MAX Real Estate GroupColorado Springs, CO$28,395,788View Profile

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    2023 Colorado Springs, Colorado Housing Market Summary

    Colorado Springs, Colorado started 2023 with a total of 1,067 single-family homes on the market, with a median home price of $515,000 and an average price per square foot of $234. By the end of the year, inventory had decreased to 1,036 homes on the market (-2%), with a median home price of $499,925 (-2%) and an average price per square foot of $240 (+2%).

    At the start of 2023, the median days on market (DOM) was 77 days – by the end of the year, median DOM had decreased to 70 days.

    Colorado Springs started the year with 54% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 46% of Colorado Springs homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Colorado Springs started 2023 as a strong seller’s market, with an MAI score of 47; by the end of the year, the MAI had dropped to 41 – a slight seller’s advantage.

    This market summary is powered by Altos Research – click here to run a free report for your area.

    Housing Market News

    AdobeStock_250556333

    Lower mortgage rates attracting more homebuyers 

    Sep 16, 2024By

    An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

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