COLORADO SPRINGS“The statistics do not tell the entire story. We may show only a 1.1% drop in the median sales price for all properties, and a slight uptick in active properties, but the real
Things Pick Up For May
Dated: June 13 2026
Views: 209
“We had a little bit of stabilization in May across the front range as sold listing increase 8% year over year, added slight value (0.8%) to the median sales price, and watched active listings drop 2%. I believed that we would see an increase in listings in May however, the drop shocked me a little bit. It seems that the market is balanced but it really depends on the price and home. We continue to see some homes sit while others get multiple offers. Some buyers are very committed; many are headed back to renting. Pending sales were up though, and it seems that May saw a bump.
“We continue to see distressed sales in many areas. Either short sale, bank foreclosures or corporate sales enter the market, but not at alarming rates. It is an interesting dynamic to see play out. A listing may get competing offers; the home down the street exceeds average days on market, and two streets over a short sale. This bi-polar market also plays out with both buyers and sellers. A seller is motivated and price drops, and another one thinks their home is worth more than it is. A buyer competes to get their next home, other heads back to renting. A lot of emotions and strife. You must traverse a gauntlet to get a home to the closing table.
“As a whole, Colorado has seen a shift from being a high appreciation state to one of the fastest falling markets with Denver metro leading that trend. But we typically follow the trend 6-8 months later in the Pikes Peak region. Something to look for while we move through the year. Colorado is also seeing a notable increase in mortgage delinquency growth, ranking among one of the top in the nation. Increased property taxes, escrows and overall costs are adding pressure to homeowners which adds to the confusion on what the market is doing and how a buyer or seller is working within those parameters. Overall, the economy - both in Colorado and across the nation - is showing signs of stress. Housing is the last to go after unemployment rises. Oil shock due to higher prices, AI beginning to affect jobs and employers not trusting the future, could begin to lead to that final blow. We are at a pivot point and we can hope that unemployment does not begin to increase as we move into the 4th quarter of this year,” said Colorado Springs-area REALTOR® Patrick Muldoon
Mindy Sanders Client Care Specialist
I am Mindy Sanders, YOUR Client Care Specialist with Muldoon Associates, Inc. After being in the industry for over 15 years as a REALTOR, I wanted to be able to help other REALTORs at my company. So I....
Latest Blog Posts
The housing market continued to plug along in July across the Pikes Peak Region, remaining essentially unchanged from last July in median price, sales, and active listings. Still, the market feels
COLORADO SPRINGS“We had a little bit of stabilization in May across the front range as sold listing increase 8% year over year, added slight value (0.8%) to the median sales price, and watched
“The Front Range market of El Paso County and Teller continues to drag. April saw a 1.8% increase in total units sold from last year, but we remained 6.3% higher on active listings and our
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO©. Real estate listings held by brokers other than Muldoon Associates, Inc. are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. September 23, 2026 11:45 AM UTCd
The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by elevateMLS.
Pueblo Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Copyright ©2026 All rights reserved.
