The 5 minute Colorado Springs Market

Thinking about selling your home in Colorado Springs? Days on market are climbing, 56% of homes have had a price reduction, and there's a $25K gap between what sellers are listing for and what homes are actually selling for. Here's what that means for you. In this episode of The 5-Minute Colorado Springs Market, Tyrone Moore and Austin of The Johnson Team break down the numbers shaping the market for sellers right now, including why days on market may be the single most important stat to watch when you list. 📊 KEY NUMBERS (90-day medians, Colorado Springs)

• Median days on market: 56
• Median list price: $499,000
• Median sold price: about $475,000
• Homes with a price reduction: 56%

🏡 WHAT WE COVER

• Why the market feels split in two: well-priced homes under about $420K are flying, while homes in the $500s that need work are sitting
• How buyers react when they hear a home has been on the market 100+ days
• The yearly pattern in list prices and where the floor seems to be
• When aspirational pricing makes sense (and when it hurts you)
• Why so many sellers are missing the price on their first try

New episodes every two weeks. Subscribe so you don't miss the next market update. 📞 THINKING ABOUT SELLING? Get a free, no-pressure pricing consultation with The Johnson Team.

Tyrone (719) 888-4137 [email protected] https://johnsonteamworks.com/agent/ty...

Austin (719) 581-8039 [email protected] https://johnsonteamworks.com/agent/au...