Travis Hanson, Listing Office: Realty One Group Apex Colorado
Northeast Colorado Springs Housing Market Report December 2024•El Paso County, Colorado
Housing Prices in Northeast Colorado Springs, CO
How much do homes in Northeast Colorado Springs, CO cost?
Housing Market Conditions
Is Northeast Colorado Springs, CO a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Northeast Colorado Springs is a Buyer's Market
Difference Since November 2024
Last month, Northeast Colorado Springs has remained a Buyer's Market.
Northeast Colorado Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in December 2024
Homes in Northeast Colorado Springs have sold for 8.3% more than they did a month ago.
Summary: The median home sold price in Northeast Colorado Springs was $465,500 in December 2024, up 8.3% from last month, and the median price per square foot was $209.
Median Sold Price By City
City | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
Vista Grande | $389.9K | $465.5K | +19.4% |
Pulpit Rock | $449.9K | $500K | +11.1% |
Northeast Colorado Springs | $430K | $465.5K | +8.3% |
Garden Ranch | $587K | $285K | -51.4% |
Median Sold Price By Bedrooms
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | $203K | - | N/A |
22 Bedrooms | $327.5K | $305K | -6.9% |
33 Bedrooms | $408.7K | $364K | -10.9% |
44 Bedrooms | $608K | $470K | -22.7% |
55+ Bedrooms | $449.9K | $568K | +26.3% |
Summary: Northeast Colorado Springs housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -6.9%. The home price for 3 bedroom homes decreased by -10.9%. The home price for 4 bedroom homes decreased by -22.7%. The home price for 5 bedroom homes increased by +26.3%.
Housing supply in Northeast Colorado Springs, CO
How many homes are available in Northeast Colorado Springs, CO?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
194Last MonthDec 2024 | ||
1822 months agoNov 2024 | +6.6 % Change MoMNov – Dec |
Summary: The Northeast Colorado Springs real estate market had 194 homes for sale in Dec 2024, a 6.6 % increase compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
14Last MonthDec 2024 | ||
172 months agoNov 2024 | -17.6 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 2 | 0 | -100.0% |
22 Bedrooms | 34 | 31 | -8.8% |
33 Bedrooms | 50 | 56 | +12.0% |
44 Bedrooms | 76 | 84 | +10.5% |
55+ Bedrooms | 20 | 23 | +15.0% |
Summary: Northeast Colorado Springs housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes decreased by -8.8%. The inventory for 3 bedroom homes increased by +12.0%. The inventory for 4 bedroom homes increased by +10.5%. The inventory for 5 bedroom homes increased by +15.0%.
Asking Price vs. Sold Price
How much do homes in Northeast Colorado Springs, CO cost?
Over Asking Price2 Homes
At Asking Price3 Homes
Under Asking Price9 Homes
If you're buying a home in Northeast Colorado Springs, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Northeast Colorado Springs in December 2024, down by 17.6% month-over-month. Of the 14 sold homes, 64% were sold under asking, 21% were sold at asking, and and 14% were sold over asking.
Days on Market for Northeast Colorado Springs, CO
How long does it take to sell a home in Northeast Colorado Springs, CO?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days8 Homes
Over 90 Days2 Homes
Avg time on Rocket Homes in Northeast Colorado Springs has remained consistent over time.
Summary: During December 2024, 14 homes were sold in Northeast Colorado Springs; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
50 DaysLast MonthDec 2024 | ||
57 Days1 month agoNov 2024 | -11.6 % Change MoMNov – Dec |
Summary: Homes in Northeast Colorado Springs had an average listing age of 50 days in Dec 2024, down by 11.6% compared to the previous month.
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Newest Listings in Northeast Colorado Springs, CO
What homes are available in Northeast Colorado Springs, CO?
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Based on information from Pikes Peak MLS / Colorado Springs Realtor Services Corp., and REColorado for the period 11/01/2024 - 01/01/2025
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