Top 10 Questions Buyers & Sellers Are Asking Now

Quick Market Monday Snapshot

• Prices: mostly stable, with modest softening in some segments
• Pace: homes are taking longer to sell than peak seasons
• Leverage: buyers are seeing more under-list sales and more negotiating room
• Inventory: more options across many neighborhoods and ZIP codes

1) What’s the current median home sale price in Colorado Springs?

Answer: The Colorado Springs median sale price is hovering around the mid-$400Ks, with neighborhood variation across the greater area.  (This means your specific target area may be a bit lower or significantly higher, let me know if you’d like a more specific look in your desired location)

2) How long are homes taking to sell locally right now?

Answer: For many areas, homes are taking roughly 60-70 days to go under contract, giving buyers more time to evaluate options.

3) Are homes selling over or under list price today?

Answer: A fair amount of homes are closing under list price, which is a good sign of buyer leverage.

4) Is inventory rising, and what does that mean for buyers?

Answer: Inventory has been higher than last year in areas, which means more choice, less urgency, and stronger negotiating power.

5) How is Briargate (80924) performing right now?

Answer: Briargate remains a popular area, but currently buyers have more breathing room than they did in past peak cycles.

6) What’s happening in Northwest Colorado Springs?

Answer: Northwest neighborhoods are showing steady demand with a more measured pace, creating a bit more time for both buyers and well-prepared sellers.

7) How do recording fees and property taxes affect closing costs in El Paso County?

Answer: Closing costs can shift based on county recording fees, assessed values, and local mill levies, so it’s smart to estimate the “all-in” payment early.

8) How is 80916 trending compared to the broader market?

Answer: 80916 draws attention for relative affordability and commute convenience, with market pace often differing from north-end zipcodes.

9) Are closed sales rising even with the winter slowdown?

Answer: Yes-winter is slower, but serious buyers and sellers are still closing, and the market keeps moving (just with less frenzy).

10) Is El Paso County balanced or tipping toward buyers?

Answer: Many signs point to a balanced-to-buyer-leaning environment, especially where inventory is higher and homes are taking longer to sell.

Market Monday Takeaway

Winter in Colorado Springs is often where smart moves happen quietly: more options, more time, and more room to negotiate-without the spring pressure.