October 2025 Colorado Springs Market Update

Hey everyone! Sarah Futa here, your Colorado real estate pro, with a quick and easy-to-understand update on what’s happening in the Colorado Springs housing market as of October 2025. 

We know thinking about buying or selling a home can feel like a big decision. My goal is to make the market clear for you, so you can make the best choices for your family.

Here’s the simple breakdown:

What's Up, What's Down, and What It Means for YOU:

• Home Prices are Gently Shifting: The Median Close Price is currently $473,500. This is a slight dip of 1.24% from last month. What does this mean? Prices aren't going wild, but they're settling a little. If you're a buyer, this could be a small breath of fresh air. If you're selling, it means pricing your home right is more important than ever.

• Fewer Homes Selling (But Don't Panic!): We saw 876 homes close this month, which is down 14.72%. This usually means buyers might be taking a bit more time, or perhaps interest rates are making some people pause. It’s part of a normal market cycle.

• More Homes on the Market (Great for Buyers!): The number of Active Listings is at 3,915, which is up by 2.27%. This is good news for buyers – more choices means less pressure to make a lightning-fast decision.

• New Homes Are Coming On! We also saw 1,389 New Listings, a healthy 4.59% increase. Again, more options are hitting the market, which helps balance things out.

• Homes Are Sticking Around a Little Longer: The Months of Inventory is now at 4.4 months, up 12.82%. This tells us that it would take longer to sell every home currently on the market if no new ones came up. For buyers, it means you have more time to find your perfect fit. For sellers, it emphasizes good presentation and smart pricing.

• Days on Market are Steady: Homes are spending about 54 Days in MLS before going under contract, which is holding steady from last month. This isn't a "hot market" where homes fly off the shelves in a weekend, but it's not a frozen market either.

• Pending Sales are Down a Bit: We have 1,366 Pending Sales, down 4.74%. This is the number of homes currently under contract. It aligns with the slight cooling we see in overall closed sales.

The Bottom Line for You:

The market is shifting from the super-speedy pace we've seen in recent years. This is creating a more balanced environment, which can be a great opportunity for both buyers and sellers who are prepared.

For Buyers: You might find slightly more negotiation power and more homes to choose from. It’s a good time to explore your options without feeling rushed.

For Sellers: Presentation, strategic pricing, and working with an agent who understands the current market dynamics are key to standing out and getting your home sold.

Ready to Chat About Your Next Move?

Whether you're curious about your home's value, thinking of buying, or just want to understand how these trends impact your personal situation, I'm here to help.

Don't navigate the market alone! Give me a call – I'd love to be your guide.

Call Sarah Futa at (719) 225 - 2720 today!