Colorado Springs Housing Market

30 years of Pikes Peak MLS data for the Colorado Springs region.

3,386 Active Listings
$604,589 Avg List Price
$485,000 Median List Price
87 Avg Days on Market
6.1% Interest Rate (Jan 26)

Market Health — Last 30 Days

779 Closed Sales
1,519 Pending / Under Contract
$511,316 Avg Close Price
$445,000 Median Close Price
95.4% Avg Close-to-Original List
96.9% Median Close-to-Original List
74 Avg DOM (Closed)
97.2% FPVI

Close-to-Original List (CPOLP): What buyers actually paid relative to the original asking price. Below 100% means sellers accepted less than they originally asked.

Listing Attrition Ratio: Homes sold vs. homes withdrawn, cancelled, or expired. Above 1.0 = more homes selling than failing.

FPVI (Future Property Value Index): Current list price of pending and under contract homes vs. their original list price. Above 100% = sellers are getting more than they originally asked. Below 100% = price reductions before going under contract.

Purchase Type Breakdown

How buyers financed their home purchases over the last 30 days in the Pikes Peak MLS region. Conventional: 294 (38%), Cash: 108 (14%), VA: 238 (31%), FHA: 123 (16%), Other: 15 (2%).

Cash purchases bypass appraisal and financing contingencies, often leading to faster closes and stronger negotiating positions. VA and FHA loans carry specific property requirements that can affect which homes qualify.

About This Data

This page presents historical and current market data for residential real estate in the Colorado Springs region, sourced from the Pikes Peak Association of Realtors (PPAR) MLS. The dataset spans from January 1996 to the present, covering average and median sale prices, active inventory levels, monthly closed sales, average days on market, and prevailing mortgage interest rates.

The Market Health section shows live closed sales data from the last 30 days, including the Close Price to Original List Price ratio (CPOLP) — what buyers actually paid vs. what sellers originally asked — and the Listing Attrition Ratio, which measures how many homes sell compared to how many are withdrawn, cancelled, or expired. These metrics reveal the true negotiating landscape beyond what list prices alone can show.

Current listing data is pulled live from the MLS and updated every 15 minutes. For deeper analysis including absorption rates, price-to-list ratios, and subarea breakdowns, visit Grok The Market. Ready to search for a home? Try our monthly payment search or browse by budget level.

Historical data from PPAR/PPMLS. Current listings updated every 15 minutes. This information is deemed reliable but not guaranteed. For the most current market analysis, visit grokthemarket.com.