Colorado Springs Homes: Prices Up 2.5% Year-Over-Year
Some good news this month from Zillow for . According to their latest "Colorado Home prices and Home values" report, the average price for Colorado Springs homes has risen 2.5% from last year.
It's worth going to their site to read the full report here. You'll see that nearly every metro area in Colorado has shown significant improvement in home prices. The only exceptions are Canyon City Metro area, Edwards metro Area and Sterling Metro area. Colorado Springs and the surrounding area, as well as Denver Metro area, have shown a very encouraging upward trend.
As we continue to see the number of decline, we should see a slow but steady increase in home prices for the area.
Colorado Zillow Home Value Index
If you would like more detailed stats and numbers, or if you would like us to run a report for a specific area in the Colorado Springs area, call our team at 719-641-4209. number for each area are different, so make sure you have us run a detailed reportrt for you.
In addition, with the improving market, using number from 12 months ago is not typically a reliable method for valuing a home. In this rapidly changing market, we typically use numbers from 3-6 months in the past depending on the area.
.
Comments