Downtown Colorado Springs Real Estate Market Report | Q2 2020

By
Real Estate Agent with SpringsHomes

The Central part of Colorado Springs is a unique collection of both old and new. Home to a wide range of both housing types and amenities like parks, trails, bars, and restaurants, this area has seen a strong resurgence in recent years.

Housing in this area ranges from 1890s Victorians to modern industrial lofts. If you are looking for a place to live in Downtown Colorado Springs, you need to be ready to jump because homes in this area don’t stay on the market very long.

Here are the Real Estate Statistics for Downtown Colorado Springs for Q2 of 2020:

 

Downtown Colorado Springs Real Estate Statistics | Q2 2020vs 2019 Single Family/Patio Home
  2019  2020  % Change 
 Number of Sales  244 211   -13.52%
Median Sales Price  $270,150  $302,799  12.09% 
Price Per Square Foot  $181  $195  7.73% 
Average Days on Market  -42.86% 

 

Downtown Colorado Springs Real Estate Statistics | Q2 2020vs 2019 Condos and Townhomes
   2019 2020  % Change 
 Number of Sales  51  29  -43.14%
Median Sales Price  $252,600  $251,000  -0.63% 
Price Per Square Foot  $160  $168  5.00% 
Average Days on Market  25  7 -72.00% 

These statistics are collected from a wide range of neighborhoods, here are a few of the most popular Downtown Colorado Springs neighborhoods:

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Topic:
Real Estate Market Trends
Location:
Colorado El Paso County Colorado Springs Downtown
Tags:
colorado springs real estate
downtown colorado springs
old north end
patty jewett
shooks run
knob hill colorado springs

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Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Joe. Your market will not be detoured by the COVID. Good to see. Enjoy your day.

Aug 02, 2020 06:26 AM #1
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Rainmaker
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Joe Boylan

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