Colorado Springs Housing Market Update — August 2025 (Single-Family Homes)

The latest data from the Pikes Peak Multiple Listing Service (PPMLS) is in, and it gives us a clear snapshot of the single-family housing market in Colorado Springs as of August 2025. Here are the key numbers that describe current market conditions.

Home Prices

Average Sale Price: $569,439
Median Sale Price: $475,000

Prices compared to last year are holding close to the same levels, showing stability across the market.

Colorado Springs Housing Market Update — August 2025 (Single-Family Homes)

Sales Activity

Closed Sales: 919 (down 2.3% compared to August 2024)
New Listings: 1,459 (down 9.1% compared to August 2024)

While the number of new listings and closed sales dipped slightly compared to last year, activity remains steady overall.

Inventory

Active Listings: 3,685 (up 24.7% year-over-year)
Months of Supply: 4.0

The number of available homes for sale has increased compared to the same time last year, giving the market more supply overall.

Time on Market

Average Days on Market: 50 days

Homes are spending more time on the market than they did in previous years, which reflects the growing inventory.

Year-to-Date (January–August 2025)

New Listings: 13,014 (up 9.9% vs. 2024)
Closed Sales: 8,142 (up 4.4% vs. 2024)
Average Sale Price YTD: $564,188 (up 2.6% vs. 2024)

Year-to-date data shows that both listings and sales are higher than at this point last year, with average prices showing a modest increase.

Summary

The Colorado Springs single-family housing market in August 2025 is best described by stable pricing, higher inventory levels compared to last year, and homes taking longer to sell. The year-to-date numbers also point to an overall increase in both sales activity and new listings when compared to 2024.

Disclaimer: Market statistics are provided by the Pikes Peak Multiple Listing Service (PPMLS). Information is deemed reliable but not guaranteed and reflects conditions as of the date published.

Jacob McCrackin

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