How competitive is the Colorado Springs housing market?

Colorado Springs is soft for sellers as of August 2026, with a Sold Score of 34/100 (Challenging Market Conditions). **Pending ratio** is 0.30 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +7.9% — more choices for buyers than a year ago. **Median days on market** is 59. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 55.6% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (August 2026): Sold Score: 34/100 (Challenging Market Conditions) · Pending ratio: 0.30 · Inventory YoY: +7.9% · Median days on market: 59 · Sellers cutting price: 55.6% · Median listing price: $489,000 (-2.2% YoY)