New - 3 hours on Rocket
$3,407 Closing Credit¹
#1555164, Christi Shelhamer, Listing Office: The Cutting Edge
Southwest Colorado Springs Housing Market Report January 2025•El Paso County, Colorado
Housing Prices in Southwest Colorado Springs, CO
How much do homes in Southwest Colorado Springs, CO cost?
Housing Market Conditions
Is Southwest Colorado Springs, CO a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Southwest Colorado Springs is a Buyer's Market
Difference Since December 2024
Last month, Southwest Colorado Springs has remained a Buyer's Market.
Insight
Southwest Colorado Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$422,450$183/SqFt
-$209,550
-33.2%
Based on all homes sold in January 2025
Insight
Homes in Southwest Colorado Springs have sold for 33.2% less than they did a month ago.
Summary: The median home sold price in Southwest Colorado Springs was $422,450 in January 2025, down 33.2% from last month, and the median price per square foot was $183.
Median Sold Price By City
| City | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Broadmoor | $632K | $586K | -7.3% |
| Broadmoor Hills | $600K | $412K | -31.3% |
| Southwest Colorado Springs | $632K | $422.4K | -33.2% |
| Broadmoor Bluffs | $819K | $511.5K | -37.5% |
Median Sold Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $463.5K | $310K | -33.1% |
| 33 Bedrooms | $600K | $500.5K | -16.6% |
| 44 Bedrooms | $635K | $429.9K | -32.3% |
| 55+ Bedrooms | - | - | N/A |
Summary: Southwest Colorado Springs housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -33.1%. The home price for 3 bedroom homes decreased by -16.6%. The home price for 4 bedroom homes decreased by -32.3%. The home price for 5 bedroom homes did not change.
Housing supply in Southwest Colorado Springs, CO
How many homes are available in Southwest Colorado Springs, CO?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 176Last MonthJan 2025 | ||
| 1352 months agoDec 2024 | +30.4 % Change MoMDec – Jan |
Summary: The Southwest Colorado Springs real estate market had 176 homes for sale in Jan 2025, a 30.4 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 8Last MonthJan 2025 | ||
| 82 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 4 | 4 | 0.0% |
| 22 Bedrooms | 33 | 37 | +12.1% |
| 33 Bedrooms | 31 | 44 | +41.9% |
| 44 Bedrooms | 38 | 53 | +39.5% |
| 55+ Bedrooms | 29 | 38 | +31.0% |
Summary: Southwest Colorado Springs housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +12.1%. The inventory for 3 bedroom homes increased by +41.9%. The inventory for 4 bedroom homes increased by +39.5%. The inventory for 5 bedroom homes increased by +31.0%.
Asking Price vs. Sold Price
How much do homes in Southwest Colorado Springs, CO cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price7 Homes
Insight
If you're buying a home in Southwest Colorado Springs, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Southwest Colorado Springs in January 2025, the same as the previous month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and and 0% were sold over asking.
Days on Market for Southwest Colorado Springs, CO
How long does it take to sell a home in Southwest Colorado Springs, CO?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days2 Homes
Over 90 Days4 Homes
Insight
Most homes in Southwest Colorado Springs are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 8 homes were sold in Southwest Colorado Springs; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 114 DaysLast MonthJan 2025 | ||
| 34 Days1 month agoDec 2024 | +233.2 % Change MoMDec – Jan |
Summary: Homes in Southwest Colorado Springs had an average listing age of 114 days in Jan 2025, up by 233.2% compared to the previous month.
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Newest Listings in Southwest Colorado Springs, CO
What homes are available in Southwest Colorado Springs, CO?
New - 11 hours on Rocket
$10,000 Closing Credit¹
#4001629, Maria Gallucci, Listing Office: Compass - Denver
New - 13 hours on Rocket
$4,329 Closing Credit¹
#7894506, Stephanie Hawthorne, Listing Office: 8Z Real Estate LLC
New - 14 hours on Rocket
$8,016 Closing Credit¹
#4169718, Max Ferguson, Listing Office: Solid Rock Realty
New - 2 days on Rocket
$5,106 Closing Credit¹
#8394071, Jake Wright, Listing Office: Keller Williams Partners Realty
New - 4 days on Rocket
$5,344 Closing Credit¹
#4800132, Manish Raika, Listing Office: Worth Clark Realty
New - 4 days on Rocket
$5,344 Closing Credit¹
#1928512, Albert Dippenaar, Listing Office: Worth Clark Realty
New - 5 days on Rocket
$7,357 Closing Credit¹
#3521715, Elizabeth Lindell, Listing Office: Ideal Realty LLC
New - 6 days on Rocket3D tour
$6,531 Closing Credit¹
#1439752, Maryann Chavez, Listing Office: HomeSmart
New - 6 days on Rocket
$3,799 Closing Credit¹
#7523921, Don Gardner AHWD EPRO GRI SFR SRES SRS, Listing Office: Galvan and Gardner Real Estate Group, Inc.
New - 7 days on Rocket
#3487438, Michael Turner, Listing Office: LIV Sotheby's International Realty CO Springs
New - 7 days on Rocket
$8,609 Closing Credit¹
#2519363, Barbara Ann Stanley GRI, Listing Office: RE/MAX Properties Inc.
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Based on information from Pikes Peak MLS / Colorado Springs Realtor Services Corp., REColorado, and Royal Gorge MLS / Westcliffe Listing Service for the period 12/01/2024 - 02/01/2025
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Last updated on: 2/6/2025, 11:12:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 2/6/2025, 11:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 2/6/2025, 11:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.