Market Intelligence Report — CO-820

Colorado Springs, CO

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

Ref. No: 2026-CO-08
As of the latest 2026 data
Cooling

Median Listing

$489K
-2.2% YoY

Pending Ratio

0.30
-4.8% YoY

Active Inventory

4,315
+7.9% YoY

Median DOM

59 Days
+3.5% YoY

Primary Intelligence Tool — Sold Score™

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The Colorado Springs residential market is currently characterized by cooling conditions, with the pending ratio registering 0.30, indicating that demand absorption is lagging inventory. Active listings have expanded by 7.9% year-over-year, contributing to a broader deceleration in market activity.

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

4.3%+0.1 pp YoY

Unemployment rate · Jul 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

150-46.4% YoY

Building permits (private housing units) · Jul 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.

Inventory levels have risen, with active listings increasing by 7.9% over the past year. Concurrently, the pending ratio has declined by 4.8% year-over-year, reflecting a reduction in buyer activity relative to available supply. While new listings remained stable year-over-year at 1,360, the median listing price has decreased by 2.2% over the past year, alongside a 1.1% month-over-month decline, suggesting price adjustments in the market. The median days on market increased by 3.5% over the past year to 59 days, further indicating a slower pace of sales.

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

$489K-1.1% MoM

Active Inventory

4,315+7.9% YoY

Days on Market

59+3.5% YoY

Sold Score™

34-4.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

34
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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

In the current environment, the slower pace of transactions and expanding inventory suggest reduced pressure for buyers to act quickly. With a pending ratio of 0.30, demand absorption is constrained, affording buyers more latitude in negotiations. Sellers may experience increased pressure to demonstrate price discipline to facilitate sales, given the lengthened market times.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

4,315 active listings represent the current floor, with new supply arriving at roughly 1,360 per month.

Pricing Pressure
34.8%

of active listings carry a price reduction, +4.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +1.4% year-over-year.

Absorption
0.30

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Colorado Springs, CO? Buyer Demand Index is running at 30%.

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
30%
Median Days on Market
59 days
Inventory YoY
+8%

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 →

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Metro Demographics

Metro Area
Colorado Springs, CO
CBSA Code
17820
State
CO

ZIPs in Colorado Springs, CO

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