Market Intelligence Report — CO-820

Colorado Springs, CO

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-CO-09
As of the latest 2026 data
Cooling

Median Listing

$485K
-2.8% YoY

Pending Ratio

0.29
-4.9% YoY

Active Inventory

4,266
+8.7% YoY

Median DOM

67 Days
+3.9% YoY

Primary Intelligence Tool — Sold Score™

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The Colorado Springs residential market is currently cooling, characterized by a pending ratio of 0.29, indicating demand absorption lags supply. Median listing prices have experienced a modest year-over-year decline of 2.8%, settling at $484,950. This suggests a deceleration in price appreciation compared to previous periods.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

4.5%+0.6 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

781,796+0.6% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

180-16.7% YoY

Building permits (private housing units) · Sep 2026

Shows whether future inventory pressure may increase.

U.S. Census Bureau building permits via FRED (St. Louis Fed).

Market Analysis

What's moving the Colorado Springs market right now.

Active listings have expanded by 8.7% over the past year, reaching 4,266 units, while new listings also increased by 4.1% year-over-year. This growth in available inventory, coupled with a pending ratio of 0.29, reflects a market where supply is outpacing demand. Median days on market extended to 67 days, a 3.9% increase year-over-year, indicating a slower absorption pace.

Tonya Towles
Keller Williams Realty

“Local pricing and inventory dynamics across Colorado Springs shift block by block — happy to walk through what's actually closing.”

Historical Analysis

Market Trends

Median Price

$485K-0.8% MoM

Active Inventory

4,266+8.7% YoY

Days on Market

67+3.9% YoY

Sold Score™

33-4.9% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

33
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Negotiating leverage is shifting as market pace slows, evidenced by median days on market reaching 67. The increased inventory pressure, with active listings up 8.7% year-over-year, suggests that properties may remain on the market longer. Price discipline may be tested, with 30.6% of listings experiencing a price reduction.

Luxury Segment

The luxury segment shows some divergence, with the average listing price ($604,404) exceeding the median ($484,950), a spread of $119,454. While the median price per square foot increased by 1.6% year-over-year to $231, the average listing price saw a 1.0% year-over-year decline, suggesting potential softening at higher price points compared to the broader market.

Supply Dynamics

4,266 active listings represent the current floor, with new supply arriving at roughly 1,178 per month.

Pricing Pressure
30.6%

of active listings carry a price reduction, +0.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +1.6% year-over-year.

Absorption
0.29

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Colorado Springs, CO? Buyer Demand Index is running at 29%.

Buyers have leverage in Colorado Springs, CO. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
29%
Median Days on Market
67 days
Inventory YoY
+9%

In a buyer's market, strategy beats timing. See how your home scores in Colorado Springs, CO and what moves the number.

See my Sold Score & selling strategy →

Talk to a listing expert who is actively selling in Colorado Springs, CO.

Tonya Towles →

Keller Williams Realty

How these recommendations are chosen →

The Monthly Briefing

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Metro Demographics

Metro Area
Colorado Springs, CO
CBSA Code
17820
State
CO

ZIPs in Colorado Springs, CO

Sorted by active inventory · click a ZIP for its full report

Vetted Local Practitioners

Direct Consultation

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Analysis FAQ
  • What is the current market condition in Colorado Springs?+

    As of the latest 2026 data, the Colorado Springs metro is classified as Cooling. Pending ratio is 0.29 with median days on market at 67.

  • Are home prices dropping in Colorado Springs?+

    Median listing price is $485K, -2.8% year over year. 30.6% of active listings carry a price reduction.

  • How fast are homes selling in Colorado Springs?+

    The typical listing sits 67 days on market, a +3.9% change YoY. New listings are arriving at 1,178 per month.

  • What's happening in the Colorado Springs luxury market?+

    The luxury segment shows some divergence, with the average listing price ($604,404) exceeding the median ($484,950), a spread of $119,454. While the median price per square foot increased by 1.6% year-over-year to $231, the average listing price saw a 1.0% year-over-year decline, suggesting potential softening at higher price points compared to the broader market.

  • Where can I find a trusted Colorado Springs real estate expert?+

    Primpted maintains a vetted registry of Colorado Springs agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 17820 · 36mo history