We are still seeing the impact of the holiday season to the local real estate market as predicted. Active listings are down 8% over December and sales are down 22%. Average Sales Price and median sales price both up by 1.3%.
From one year ago, Active listings are down 7% and sales are up 3%. The average sales price and median sales price for Colorado Springs MLS are both up 10.2%. Inventory is 1.3 months MLS wide. One year ago inventory was at 1.5 months.