April 2025 Real Estate Market Update
Colorado Springs Real Estate Quick Facts
- 30-year mortgage rates came down from 7.22%, to 6.76% from the same month last year (SMLY)
- 2,325 listings are on the market-this is up 44% from SMLY
- New listings for the month were 1533 -which is up just 19% from SMLY
- There were 906 sales for the month-which is up 10% from SMLY
- The list price/sales price ratio was 99.4%
- Average sales price for the month was $586,132—up 1.8% from SMLY
- Median sales price for the month was $500,000—flat from SMLY
- Median days on market for sold homes was 50 compared to 36 for the SMLY
- Single family permits YTD are at 1,003 which is down from the 1,090 units from the SMLY
Market Summary
The Colorado Springs housing market through April 2025 has solid momentum and signs of growing activity on both the buying and selling sides.
• Active Listings surged to 2,325, up 44% compared to last year. That means more inventory and options for buyers.
• New Listings also climbed, with 1,533 homes hitting the market—an increase of 19%, showing that sellers are feeling more confident.
• Closed Sales totaled 908, which is a 10% jump from the same time last year, pointing to stronger buyer demand.
• When it comes to prices: The average sales price edged up 1.8% to $586,132, while the median price held steady at $500,000.
Overall, the market is showing healthy growth and a more balanced pace. Buyers have more homes to choose from, and while prices remain relatively stable, sellers are still seeing solid returns. It’s a great time for both sides to engage as we head into the busy spring season.
